Red rectangle is confluence, price should appeal to buyers there.
On successful bounce, watch out for the pullback to support line of the major/primary channel.
On successful bounce, watch out for the pullback to support line of the major/primary channel.
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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.