At this point, price action is in the green and showing signs of a pullback coming which would be a great opportunity to buy into the market. This could also be a reversal, however, yet unlikely considering that price action has just bounced off the Daily support line and has created a MTF descending channel on the 4HR and 1HR charts.
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.
