Price broke 200.00 resistance level and came back higher than MA100. We have a signal that the previous up trend is going to continue. RSI confirmed price reversal from 160.00 level. MACD confirms an upward movement. DMI allows open long trades. It's buy opportunity and we can open long trades above 218.00 level with stop orders below 142.00 support level. Profit target for long trades can be at 300.00 resistance level or you can hold these trades in long term.
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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
📣 Get Welcome Bonuses for 1st Trade 👉 bit.ly/bonus_bybit
💎 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.