General trend is bullish and it moves in a contracting channel. It tested the lower bound of the channel multiple times and bounced from it. Last candle bounced back with relatively good volume from the march 20th low confirming that buyers are still interested in 604 levels.
This trade will get invalidate once it breaks the lower bound of the channel.
Target : 650
SL : 602
This trade will get invalidate once it breaks the lower bound of the channel.
Target : 650
SL : 602
Trade active
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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.