The price is going to bounce from 500.00 support level
and a reversal candlestick
pattern confirm the price reversal. In spite of MACD
and DMI still confirm the downward movement, we have the 1st buy signal. It's possible to buy above the support level
with profit targets at the resistance levels. Don't forget about stop orders for a case, if the price breaks the downtrend line. They can be placed below the local swing low.