FOCUS ON CHIKOU SPAN TO CONFIRM THE BREAKOUT
Chikou span must be the first thing to check! It confirmed or not the breakout with a close above or below the level. Look at the candlestick, if it shows a strong implusion, with a marubozu candle, so know that it is gone.
I wish you all the best!
I wish you all the best!
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.