The price is currently sitting on a structure and it looks like it has been able to bounce off it. If the candle closes above the structure, we will be looking for BUY positions and aiming for the upside. On the contrary, if the price manages to close below the structure, we will be looking for short positions and aiming for the downside
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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.