Looking at the big picture of $JTO , it's a nice bottoming out pattern, showing signs of a bullish reversal.
But right now, on the smaller timeframes, we're sitting near the upper channel line. If you're thinking about entering, it’s better to wait for a dip back to the lower line, which I marked with the two lines I drew.
But right now, on the smaller timeframes, we're sitting near the upper channel line. If you're thinking about entering, it’s better to wait for a dip back to the lower line, which I marked with the two lines I drew.