Long
Retrace for higher

Wave 1 finished. It is correcting itself in wave 2 now. I would suggest building the position between $7.5-$8. After that, it have a high probability to break through the resistance.
Before that, watch for price action. Don't rush to open the trade.
For self-education use only. Not financial advice.
Before that, watch for price action. Don't rush to open the trade.
For self-education use only. Not financial advice.
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.
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.