DASH chart is shows support at 115, 150 and 170.
Triangle pattern is forming = buy at base of triangle near 170 or breakout above 220.
An entry here would use 170 as stop level. Prefer to wait and buy on breakout if it eventuates.
Triangle pattern is forming = buy at base of triangle near 170 or breakout above 220.
An entry here would use 170 as stop level. Prefer to wait and buy on breakout if it eventuates.
Trade active
Breakout confirmed today 8/8That is our buy signal.
Stop level? We can use the previous days low as a tight stop to protect capital.
Expect resistance at 240.
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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.