Price has broken Daily consolidation resistance and showing its initial interest in continuing the ongoing Montly consolidation.
Wait for price to pull back into Daily support zone (blue area) and for price action before entering the market. SL = 1 ATR below the lowest recent swing low. TP = Monthly resistance (pink area)
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.