IDEA - CHANNEL BREAKOUT
It is been observed on the hourly chart that the price action consolidated within a channel or flag formation and now it has broken above the channel and moving towards the next resistance level.
Target: 116
Stoploss 111
Regards
Target: 116
Stoploss 111
Regards
Trade active
Trade closed: target reached
Target reached successfully, RegardsNote
If it hold above 119 levels today then it shall move further up to 124-126 levels. Regards.Trade active
Idea closed above 119 levels indicating further move up to 124-126 levels. Regards
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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.