What you will notice here is the big dip lastnight into this morning makes for a nice upswing.
The interesting thing here to notice on MOST dumps then ups, you will see the State of Texas forming in the trend, and end up looking like the United States... seriously it looks like that almost always.
On this chart, the State of Texas isn't really shaped like Texas, so we can notice that the uptrend is moving slowly. This occurs usually before a big shift in Intra-day trend moves into the longer-term swing of things.
This stated, appreciate your position to go Long here and ride the wave, adding to your position on each dip
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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.