I think it can be a long position with a short reward. The price seems to have found support on the weekly chart. It also has a bearish trend line fulcrum on the daily chart. In the two-hour chart it offers us the formation of a wedge pattern and now it is making the return to the support area. It is only a technical analysis. Then the price will do what it has to do. Everything is probabilities.
Kommentera:
I think it is going to take me out with the stop loss.
the price rests on the downtrend line of the Daily chart.