-Technically good, breaking out. -Good Volumes. -Broke out of Parallel channel. -Forming a good pattern.
Extremely Risky. Very good chances of breakouts failing. Please do not trade based on my view. The chart is shared to alert you of a probable good setup.
Trade at your discretion. Don't be fooled by today's upmove in the market. We need more confirmation. And trade small qty only more like a test quantity.
Trade active
T1 Hit. What a move!! Now trying to breakout channel resistance. Wait for a retest or let it cool off for fresh entry. Do not let FOMO catch you.
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.