15min chart, you can see a cup formation beginning from 20-24 March, with the handle forming from 13/14 April, coinciding with a current high and tight bull flag.
Entering 1/2 of your buy trade should be considered when price breaks out from the flag by 1-2%, coupled with a 1-2% stop loss and entering full trade when breakout above 527 (530+).
Lead SMA to continue S-Curve
Entering 1/2 of your buy trade should be considered when price breaks out from the flag by 1-2%, coupled with a 1-2% stop loss and entering full trade when breakout above 527 (530+).
Lead SMA to continue S-Curve
Note
Just as I was posting the price has tested above flag, let's wait and see what happens!Note
Looks like it's just a cup and handle, enter 1/2 trade above 530 and 2/2 when above 540.
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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.