A Possible booming breakout !!
The price recently consolidated between a trendline and a strong resistance with low volume.
I guess there will be a booming breakout, if the volume is high. Can enter now before the breakout or wait for it to happen.
The targets are as follows:
T1 :6.07
T2 :7.09
T3 :8.91
If a target is reached and maintained the next target applies.
Good Luck
Notice: If the price breaks above resistance without much volume, then it is an invalid breakout.
I guess there will be a booming breakout, if the volume is high. Can enter now before the breakout or wait for it to happen.
The targets are as follows:
T1 :6.07
T2 :7.09
T3 :8.91
If a target is reached and maintained the next target applies.
Good Luck
Notice: If the price breaks above resistance without much volume, then it is an invalid breakout.
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.