Index was running in Bullish trend within Ascending Parallel Channel
Recently Channel bottom seem to be broken, however, confirmation is needed for either false breakdown (as in recent past) or downtrend.
Watchout for the trend direction before taking any entry
Recently Channel bottom seem to be broken, however, confirmation is needed for either false breakdown (as in recent past) or downtrend.
Watchout for the trend direction before taking any entry
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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.
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.