Chart has created higher lows formation with flat level of resistance which has multiple touches. Also price has taken support on 50 SMA and created a narrow range.
There is high probablity of bullish breakout on chart.
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There is high probablity of bullish breakout on chart.
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I am publishing technical analysis on tradingview for educational purpose. You can visit on my profile on tradingview app to learn and understand price action and chart analysis.
Trade closed: stop reached
Trade closed: target reached
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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.