The price has reached the short-term target, tested the bear trend line and rejected. I believe that the corrective wave is almost over and the price is ready for another rally.
Expect another bottom or spike. Safe to enter around 1.566. Take profit at the second top around 1.59288 and wait for another breakout.
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.