Clearly we are in an uptrend, and we wanna be looking for buy positions in an uptrend. So its safe to say we should buy low. So before taking a buy we wanna see a shift in market structure from the current temporary downtrend to the main trend which is an uptrend. If this does not occur then the market is just going to keep selling and coz a change in trend.
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.