The price bounces from the support zone formed by the uptrend line and 280.00 level. RSI and MACD histogram confirm price reversal. In spite of DMI indicator, which shows the power of bears, we can continue building our long positions. Pending orders for buy should be placed above 300.00 level. Stop orders can be placed below 275.00 level. Profit targets should be near 340.00 and 390.00 levels. The part of long positions should be left for long run. As I wrote before, it's possible to trade without stop orders. But for this you must use small trading volume, trade without leverage and be ready to possible market falling to lower levels. If you can't follow these rules, you should trade with stop orders only.
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