We broke-out of a downtrend and we have been trending up, we just broke a strong resistance and we should be waiting for a retracement back to the resistance which will now act as a support. We can buy when we get our confirmation candle at the support and we can target the nearest resistance as our take profit.
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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.