Price moving in parallel channel since long time. Expected to remain in the same channel. Therefore breakout seams eminent.
Note
We may wait till RSI crosses 50 from below to take fresh entry.
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.
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.