Comments on the chart. To avoid participating in the 'price at resistance' shenanigans' traders might want to wait for a close above and retest of the breakout area. It is the safest option
Note
We have a clear close above the resistance line. Getting long is confirmedNote
We have liftoffNote
Price built on the breakout today. More upside expectedNote
Price continues upwardsNote
I would say that price action today looks like a successful retest of the breakout area. I am expecting price to rise from hereDisclaimer
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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.