China A50 Textbook breakout and retrace
Updated
Weekly chart multiyear resistance breakout three weeks ago and now we got the retest. If 15000ish holds, very bullish MT imo. Besides technical, also like the bearish sentiment on China recently.
Note
A month since post, follow through nicely, and seems the rest of breaking out is over. Low-risk entry here if haven't alreadyNote
Revisit in 2021, breakout, retested support, and launched!
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.