Baltic Exchange Dry index is showing some signs of bullish reversal. Despite the fact that Buy/Sell Zones on a weekly chart is in the red zone, historically this setup led to a increase in price. First Long trade target may be 1600 and up to 0, 0,5 and 1 Fib. I may assume, that some selling pressure may be met near 0 Fib, so be sure to place your Stop-loss in the safe zone, if anticipated uptrend is legit. Invalidation may be crushing the 900 zone.
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