ARK Innovation, Breakout
The Uptrend
Breakout strategy has proven effective for entering new positions. As you can see, two consecutive bullish candles are forming, indicating a potential breakout. Notably, the second candle lacks an upper shadow, which could be a bullish sign. A mid-term target for this breakout could be around 73. Remember to set a stop-loss (SL) for your trade, potentially around 60.
Breakout strategy has proven effective for entering new positions. As you can see, two consecutive bullish candles are forming, indicating a potential breakout. Notably, the second candle lacks an upper shadow, which could be a bullish sign. A mid-term target for this breakout could be around 73. Remember to set a stop-loss (SL) for your trade, potentially around 60.
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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.