I am not saying, by any stretch of imagination, that it is going to the moon!
But if the price breaks out of those trends lines and bounces off them upwards, especially, off the lower two, then I would definitely opt for a good buy on this chart.
As always, yes, the price can go either way, but what we do is we decide and invest on the basis of probability, and as far as I can see, probability seems to be favoring a good buy on this chart any time soon now.
But if the price breaks out of those trends lines and bounces off them upwards, especially, off the lower two, then I would definitely opt for a good buy on this chart.
As always, yes, the price can go either way, but what we do is we decide and invest on the basis of probability, and as far as I can see, probability seems to be favoring a good buy on this chart any time soon now.
Note
"...especially, off the lower two..." I mean the lowest ones. The green ones. 
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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.