PNBGILTS just broke its resistance with high volume. It looks bullish on daily, weekly and monthly time frames. It would be a high-probability trade if it retests 75 levels and starts moving back up. One can quickly achieve a 1:2 risk-reward ratio.
RSI: Above 60 on daily, weekly and monthly time frame
Volume: Huge volume and increasing
RSI: Above 60 on daily, weekly and monthly time frame
Volume: Huge volume and increasing
Trade closed: target reached
Target achieved
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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.