Is currently sitting on a very well tested and proven support so it will be difficult for the price to lose this level. Indicators are very promising in terms of a reversal back to the upside. My only concern is that it did fall out of the channel so I wouldn't be surprised if we see price fall a little bit more before returning back up. Either way will wait for a strong confirmation on this trade before entering.
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.