OR.FR D1 Our expectations:
Long term trend - long, mid term trend - short. The price has reached key support zone and turns in long direction, accompanied by multiple signals for north direction. The current price is good for building long-term long positions.
Price action: Pin bar at levels of support.
Test at 38.2 Fibonacci, the price sharply jumps up.
Price below 50 and above 200SMA.
DeMarker turns above 0.3 signal for start of a new long.
Alternative Scenario: Break below 223 means a breakthrough key support zone and continue of the medium-term short trend.
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