Personally I like to get into a long trade if one of the following are true:
1. The break out candle closes 1.5-2% above the breakout zone.
2. One candle after the breakout candle is a long body strong candle that has a higher high and higher low.
It is important to also note the volume (should be good above average).
Lastly, what kind of a timezone are you looking at? If you are a medium term to long term investor, charts show potentials of at least 140-145 from here.
Thank you for your reply. I am short term player about 1-30 days.
I like your ideas and observation. Much appreciated and thanks a lot for it. Would you suggest me the ideas which is in my time frame.
You had commented on one of my ideas that you were interested to join my telegram channel.
Tradingview does not allow me to share links so I would request you to become a follower so that I can share the links with you easily.
Also, please have a look at my ideas and let me know what you think.
Hope you and your family are doing well. :)