Trade Alert
The index is at a critical point once again. Will it break the lower bound of the rising channel, or will it get contained within the boundaries of that channel. We will remain cautious for now and wait to see where the weekly candle will close. If it's outside, then this might clear the path towards much lower areas.
Please see the potential breakout levels on the chart.
Don't forget your stop-loss.
The index is at a critical point once again. Will it break the lower bound of the rising channel, or will it get contained within the boundaries of that channel. We will remain cautious for now and wait to see where the weekly candle will close. If it's outside, then this might clear the path towards much lower areas.
Please see the potential breakout levels on the chart.
Don't forget your stop-loss.
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.
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.