Not likely to break into last chart pattern or all time highs. Now is the time to play the trendline in front of us. Heavily oversold and scalping only at these levels until a stronger base is formed or a clear break AND retest of trendline. Mean reversion Possible to weekly MAs
("LOOKING" for longs only at buy levels) ("LOOKING" for shorts at clear rejections of trend line or break of buy zone)
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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.