I will keep this simple.
We got a new all time high breakout, followed by a nice consolidation from which we are now breaking out.
You can look to buy at current level or wait for a move above yesterday's high if you like and keep it as long as price remains above 120.
I'm not putting any target zone for now, as I suspect this could turn into a more long term position.
We got a new all time high breakout, followed by a nice consolidation from which we are now breaking out.
You can look to buy at current level or wait for a move above yesterday's high if you like and keep it as long as price remains above 120.
I'm not putting any target zone for now, as I suspect this could turn into a more long term position.
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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.