Analysis: Breakout of trend and retest or breakout of resistance (green line) and retest.
Trend: Bullish
DMI: Possible bullish confirmation
Price action: we expect price to move upwards towards support and resistance
Trend: Bullish
DMI: Possible bullish confirmation
Price action: we expect price to move upwards towards support and resistance
Note
Great trade, TP 1 hit, we look for continuation to TP2
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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.