- In Daily timeframe, it is showing a clear breakout of falling trendline.
- Volume is high
- RSI shoot up from 50 to 71
- Interestingly in the hourly chart also the pole-and-flag patten breakout happened with volume buildup.
Note
Trade: BUY above 238, SL: 234, T: 242/246
SELL below 231, SL: 234, T: 228/225
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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.
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.