As for now we have an opportunity of a buy trade since previous resistance has turned into support. However, we need a retest to the newest support to confirm the buying bias otherwise stay out of the trade but I think a short term correction with upwards momentum could be possible in the short term. Noticed we are in the oversold condition too and to add even more confluence it's a level of support that's been proven previously several time to push price higher + trendline area. Still could be broken so wait for a retest to enter in the breakout.
Trade geschlossen: Ziel wurde erreicht:
GG well trade! If you followed this one then you earned money ! woohooo