So we've hit the bottom of a channel here and it's been a hard fall down, I think it's time for longer term longs, great risk reward entry point right now.
Note
So it's fallen lower but is holding at the trendline I had previously note. Here's a good place to add to longs and wait for the pullback. I have relooked at my channel and adjusted. If nothing else we'll get out at breakeven but I'm confident of a profitable longer term trade here.
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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.