Bulls have gained control and if they are able to sustain above REDLINE, expect a very good upside move. Stop loss - If price closes below redline on weekly closing basis.
Re-enter if price crosses above REDLINE.
All the best
Trade active
Bullish trade continuation. Exit below low of the weekly green candle. Re-enter if price breaches above redline
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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.