Breakout Higher Could be Coming

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Price could be building for a potential breakout higher in this market.

As the daily chart shows; price has now moved above the daily chart resistance level and is looking to make a move higher.

The old resistance has now held as a new support level and has also created a new higher low.

If price can make a new test of the overhead resistance we can watch for potential breakout trades.

Trades could be hunted on the daily and intraday time frames.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.