CFX had a nice pump and breakout of a long accumulation phase. The signal tested the daily support zone, during a pullback and wasn't able to pass this test. CFX broke through the support area.
Depending on the market situation there could be a re-test of the breakout from there it is important how the signal interact, with the new resistance zone..
Depending on the market situation there could be a re-test of the breakout from there it is important how the signal interact, with the new resistance zone..
Trade closed: target reached
Breakout confirmed
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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.