The price bounced from the support zone formed between 1000.00 level and the uptrend line. RSI confirms price reversal and MACD histogram supports upward movement. It's a new buy opportunity. Pending orders for buy can be placed at 1125.00 level with stop orders below the swing low at 850.00 level. The main profit target is 1500.00 level. The profit target for long term trading is 2000.00 level.
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💰COPY MY TRADES FOR FREE! Join 👉 bit.ly/41DKDBD
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💎 Share My BEST Trades here 👉 bit.ly/wubits
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💎 Share My BEST Trades here 👉 bit.ly/wubits
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.