On 1 hourly chart,
There has been a breakout , of the resistance line (yellow line)
the resistance has turned into support
ATR is rising after the breakout
On a 4hourly chart, double bottom is formed
The next immediate support and resistance are marked (white horizontal lines)
Target and SL for a short term trade are mentioned in the chart
There has been a breakout , of the resistance line (yellow line)
the resistance has turned into support
ATR is rising after the breakout
On a 4hourly chart, double bottom is formed
The next immediate support and resistance are marked (white horizontal lines)
Target and SL for a short term trade are mentioned in the chart
Trade 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.