I think there are two demand zones that price could rebound from, one that was just tested (~65). Now could be a good time to go long from that, but I prefer the demand zone around the 52 level. Depending on how quickly price retraces to that, I would go LONG! Aggressive investors can try to go long at 65 with a 60 stop loss to protect your investment.
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.