Very similar to AU, we are focused on a falling trendline that can give us confirmation of the upside. Bulls are poised to enter this trade when further confirmation can be seen.
- Hold for break and retest - Buy LOW - Hold if the trade is a winner
Note
Bulls should be on alert as the price has now fallen back into the trading zone.
Trade active
Clear break out of down trend and range resistance.
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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.