This guy gave a BreakOut after 11.5 years, as we can see in the weekly Time frame it has broken out with a Strong MARUBOZU candle (which indicates a strong bullish candle). We can enter keeping a strict SL below Descending Tl which is 115-113 (risk is as per our appetite).
This analysis is just for education purposes. Before entering please ask your financial advisor.
Key Points. > We will only enter in those setups where is the risk is very low. > We will only entertain the highest probable trades/set-up.
If there is any doubt feel free to reach. Thank you.