Running in parallel channel (Hourly TF) after an uptrend.
Signs of accumulation
breakout from trendline is observed with good volume.
Short term trade with tight SL can be taken
Good long term potential above parallel channel top
Signs of accumulation
breakout from trendline is observed with good volume.
Short term trade with tight SL can be taken
Good long term potential above parallel channel top
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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.
Related publications
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.