A breakout from the corrective structure.
Price is moving in a channel. The corrective structure which looks more like a wedge has finally broke, forming an inside bar formation after the break. I placed my buy stop order at the top and the SL at the 50% retracement of the mother bar. I expect the price to move to 1370 area.
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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.