It's now retraced nearly 62% which could suggest a correction for a wave 1 and 2. If it can find support above $41 then perhaps a new wave upwards has started.
But the current push higher in Aug could a part of a Flat pattern to trick you with another low to come to test $36.
30 min chart
No entry yet lets see
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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.
