The price bounces from 8.00 support level and moved above SMA100. It's a signal that the market is going to continue the uptrend. MACD histogram confirms upward movement. DMI allows open long trades. We have buy opportunity. Entry level for long trades can be above SMA50. It's 10.34 level. Stop orders must be placed below the local swing low. Profit target should be at 12.60 resistance level and some part of long positions can be left for long run.
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