Looks Bullish on the high-time frames. Worth it to take a buy at the trendline. Momentum is also slowing down, which is good as it approaches the trendline to hopefully reverse.
For safety, you can move your stop-loss to B/E once the price hits around 194.792 in case it respects the descending squeeze and wants to break the trendline next week.
For safety, you can move your stop-loss to B/E once the price hits around 194.792 in case it respects the descending squeeze and wants to break the trendline next week.
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Disclaimer
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.