Price is in a up trend on multiple time frames. This added with a counter trendline breakout in the direction of the bigger picture trend singles a move to the upside.
Clean charts are the best. No need to overcrowd the screen with indicators to the point where you cannot see what's going on on the chart. Keep this simple guys and never trade against the trend. Risk management of between 1- 2% is the holly grail.
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.