Price is bouncing off of the confluence of support, which is a horizontal line, the .382 fib and the upper channel line which it broke through back in late march.
Buy here with a tight stop, with a target around April's highs, will set up a 3:1 reward to risk ratio.
Buy here with a tight stop, with a target around April's highs, will set up a 3:1 reward to risk ratio.