I see an ascending Flag Patten and a good breakout.
I also expect a retest after may be another good weekly green candle.
Stoploss here can be kept as per your risk appetite.
Having said that I sort of trust this breakout. There are less chances for this to be a fake out.
I also expect a retest after may be another good weekly green candle.
Stoploss here can be kept as per your risk appetite.
Having said that I sort of trust this breakout. There are less chances for this to be a fake out.
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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.