On the daily timeframe we see an uptrend with a nearest potential resistance level drawn above. Therefore, as the market retraces and touches daily trend line, I place a buy order with an anticipation to go higher. Stops are placed below the previous lowest low.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.