broke horizontal support
Setup:
AMGN 1D chart
enter with limit order when price pulls back - EP @ low of range
SL above last pullback
TP @ previous lows of Oct/Dec '21
R/R 3.7
⚠️ watch out for potential supports @ previous levels of resistance or support (marked with orange flags)
> 1:1 when hitting first support, 2:1 when hitting second, so trade should be risk free by then
Setup:
AMGN 1D chartenter with limit order when price pulls back - EP @ low of range
SL above last pullback
TP @ previous lows of Oct/Dec '21
R/R 3.7
⚠️ watch out for potential supports @ previous levels of resistance or support (marked with orange flags)
> 1:1 when hitting first support, 2:1 when hitting second, so trade should be risk free by then
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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.
Tradingview Einsteigerkurs - Klick für Klick zum Mitmachen:
udemy.com/course/tradingview-einsteigerkurs-klick-fur-klick-zum-mitmachen/?referralCode=08AA99B09891EC921562
udemy.com/course/tradingview-einsteigerkurs-klick-fur-klick-zum-mitmachen/?referralCode=08AA99B09891EC921562
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.