The chart looks good because of following reasons: 1. Crossing above all EMAs in monthly, Weekly & Daily TF. 2. Breaking out of Parallel Channel 3. Near previous swing highs 4. Good Volumes near top line of parallel channel. 5. Good reward Ratio
Tomorrow's weekly close will decide whether the plan is activated or not.
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.