The price of Dydx has broken out from the trendline, suggesting a bullish movement. Therefore, I have taken a long position based solely on the breakout. I have also set my stop loss below the breakout candle as a precautionary measure.
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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.