After the report, there was a significant upward gap followed by a period of consolidation known as a classic sideways movement or a range-bound market. Typically, when a breakout occurs from such a consolidation phase, it often indicates the formation of a sustained trend in the direction of the breakout.
TP1 430 TP2 457
SL 363
TP1 430 TP2 457
SL 363
Trade active
tp1 reached, SL at BETrade closed: target reached
Close at 413 +6.7%
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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.