A clean breakout of the trendline resistance, and we now have a confirmed CHoCH. At this point, we should wait for a pullback into the discount zone on the Fib. with a stop-loss set below the OB, it's safe to open a long position.
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.