If it is broken then it might go on to make new life time highs continuously.
Note : The information provided is not a trading advise. Just for educational purposes.
Do your due diligence, before entering the trade.
Note
Trendline got tested today at 257.Let's wait and see how things unfold.
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Breakout of trendline is achieved.I guess from here on it will keep making new highs.
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Stop loss - 247Note
stop loss - 249Note
Momentum is gone and it is showing signs of reversal or fall.Stop loss - 253
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The same day as I posted the last update. It made low of 253. Lol.If you have not exited, same stop loss.
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Stop loss - 263Trade closed: stop reached
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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.
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.