1. High liquidity @ 8875. Acts as a magnet to price
2. Stoch reversal on the 12h about to flip
3. 55 EMA on 12h timeframe acting as support
4. 222 EMA @ 8100 acting as support
5. Bearish hammer wicks to 8500 are a bullish indicator, as bear attempt to drag down price failed
I'm going long
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