The market tries to come back above 300.00 level. RSI confirms price reversal and MACD histogram is going to support further upward movement. ADX line falls and it's a good signal for us, if we decide to open long trades. The market has potential to move higher and breaking the downtrend line will be a good confirmation of it. We should place pending orders for buy above the high of a signal candle. The signal candle will be the bullish candle with the close price above the downtrend line. Also if you want to enter the market based on a solid buy signal, wait for a moment when the market moves above the previous high. It's 318.00 level. Stop orders for these long trades should be placed at 286.00 level and take-profit orders at 350.00 and 390.00 levels.
💰COPY MY TRADES FOR FREE! Join 👉 bit.ly/41DKDBD
📣 Get Welcome Bonuses for 1st Trade 👉 bit.ly/bonus_bybit
💎 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