Market structure is now in a healthy uptrend after the price broke above down-line resistance with a bullish candle. Bulls are in control as long as we can keep the price moving above 50 MA and 100 Day MA. I'll be looking for a pullback to enter a Long position. Highlighted in the chart is the initial support or buy area.
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.