Don't trade against the trend. Are we over extended? yes. But do what the chart is telling you not what you feel. So that being said these are buying areas.
Don't buy blindly switch to a lower time frame and look for either a v shape recovery or a descending channel with a breakout that take out the previous high.
Good luck
Don't buy blindly switch to a lower time frame and look for either a v shape recovery or a descending channel with a breakout that take out the previous high.
Good luck
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