In my opinion, when you look at MACD, we're just beginning the downfall correction. I think we'll come back inside the dark green channel in a corrective pattern over the next 15-30 days. Still believe opening LONG positions now is wise, we may see a lot deeper corrections in coming days.
Trade closed: target reached
Just barely touched near bottom of channel, another lower low coming, but low buy calls last night won big today.
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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.