After major correction (series of LH, LL), 2281 has started formation of HH, HL (Bullish Trend).
Price is ranging in a descending parallel channel.
Breakout of parallel channel top, formation of another HH can be a profitable trade.
Ride with trailing stop loss.
Price is ranging in a descending parallel channel.
Breakout of parallel channel top, formation of another HH can be a profitable trade.
Ride with trailing stop loss.
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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.