It is now at a spot where it can rebound from the support level or breakdown from here.
Low can get lower so I am just waiting out to see which way the tide turns before making any decision. NOTE : the daily movement can be volatile so be prepared to ride out the rough ride if you want to participate. For peaceful sleep at night, avoid this. It is not a DO or DIE situation where you are at knifepoint to buy or sell.
Low can get lower so I am just waiting out to see which way the tide turns before making any decision. NOTE : the daily movement can be volatile so be prepared to ride out the rough ride if you want to participate. For peaceful sleep at night, avoid this. It is not a DO or DIE situation where you are at knifepoint to buy or sell.
Note
Now we can see a double bottom has formed here , a possible trend reversal.We are initiating a small buying position.
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Disclaimer
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.