DPW-GR: Our expectations: Upward trend and adjustment to levels of support where we can look for places where we can position long.
Alternative Scenario: If the price goes under the shade of the bar from Friday, it is possible to break the support and we can see downward momentum.
Comment: Price has reached levels of horizontal and diagonal support that coincide with 23.6% of Fibo
Price action: pin bar and a fake break of 23.6% of Fibonacci - a positive signal
50/200MA: 50 over 200; Price over 50 - positive signal
DeM: over 0.3
Sentiment: The moods before the opening of Europe are positive
SL: 32.00
Trader I. Ivanov
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