Long

RNDRing a Bullish Impulse 💻

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Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

RNDR has been overall bullish trading inside the rising wedge pattern in green, and we are currently in a correction phase approaching the lower green trendline.

Moreover, the zone 1.60 is a support zone.

🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the blue support and lower green trendline.

As per my trading style:
As RNDR is sitting around the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

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