Weekly Chart:
Strong bullish candle work as a confirmation candle.
Daily Chart:
Strong bullish candle broke the down-trend line since 19 Feb. 2019
Watch out:
1. Long term down-trend line since Aug. 2011 might act as a strong resistance
2. There might be a retest around zone 1300
Action:
1. Join the Bulls
2. First target around zone 1323
3. Second target around zone 1340
Stop Loss:
Always set your SL
Strong bullish candle work as a confirmation candle.
Daily Chart:
Strong bullish candle broke the down-trend line since 19 Feb. 2019
Watch out:
1. Long term down-trend line since Aug. 2011 might act as a strong resistance
2. There might be a retest around zone 1300
Action:
1. Join the Bulls
2. First target around zone 1323
3. Second target around zone 1340
Stop Loss:
Always set your SL
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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.
Related publications
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.