Everything is explained on chart. 1) High volume breakout of previous resistance area 2) Price retracing back to previous resistance and high volume area, taking support 3) Good risk reward ratio 4) Expecting price to go up from here
Please hit like button if you agree with analysis.
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.