When we look at the chart we can see that the price is going back up a little. We can also see that the price broke a possible descending wedge and that is also a good sing of the trade going up. What we could see now is a little drawdown back to the descending wedge to do a retest of the level. Once we get that I would increase my position if the volume and liquidity are good. For now it is just waiting but it does look good.
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.