What I see right now is that the price is getting squeezed towards center of the regression channel which acts as a double support. It's likely that it will break through the support and go near the low of the latest correction support and bottom of regression channel. From here its make or break. Either it fails to rebound or it rebounds and find new highs above .329. I believe it will find new highs. I plan to accumulate in the green area and stop loss in the red area.
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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.