Consider placing a buy stop in this area, as it represents a strong zone for potential upward movement. A confirmed breakout above this level could trigger further bullish momentum. However, if the price fails to break through and shows signs of rejection, shift your focus towards identifying selling opportunities instead.
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.