It is been observed on Daily and Weekly chart that the price action breaks above the prior downward trend line indicating a further bullish move ahead. Now, it shall further move up to 38.2% and 50% retracement levels.
Target: 2800
Stoploss: 2650
Risk Reward: 1:1
Target: 2800
Stoploss: 2650
Risk Reward: 1:1
Trade active
Note
It is a daily breakout and also marks a weekly breakout too. RegardsTrade active
Trade active
Trade closed: target reached
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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.