This week reversed last week's loss and that is about it. Red resistance still holds and we will see next week if it can finally break out.
Given the situation, risk/reward is still not favorable (upside potential in the dollars, downside risk in the tens of dollars), until after it can make a new all time high.
Given the situation, risk/reward is still not favorable (upside potential in the dollars, downside risk in the tens of dollars), until after it can make a new all time high.