Price is moving nicely within these rectangles/boxes. Price has just broken out this rectangle setup and this is a good level for a buy.Be wary of the 5500 level as resistance. LT trend is up. Always manage your risk.
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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.