It's difficult to justify buying today from a technical perspective. This is the second scenario I'm following and it doesn't look good. Even though if it finally managed to go past this level it becomes very bullish!
Remember this offers possibilities not probabilities. Technical analysis if for timing a trade, determining risk or findings resistances!
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.