The price bounced from SMA100. RSI confirms price reversal. MACD histogram supports possible upward movement. On the 4H chart the price forms Head & Shoulders pattern which gives a trend reversal signal. We have trading opportunity. Pending orders for buy should be placed above 300.00 level with stop orders at 210.00 level. Profit target is the resistance level and the part of trades can be left for long run.
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