ARB looks bullish
Updated
On our chart we have ascending CH and BOS. Bullish momentum is good.
We have also had a good Break Out on the chart. A supportive swap zone is formed which is our Buy Zone.
If it pulls back to the green range, you can enter a buy/long position. TPs are clear on the picture.
Fixing a daily candle below the green range will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
We have also had a good Break Out on the chart. A supportive swap zone is formed which is our Buy Zone.
If it pulls back to the green range, you can enter a buy/long position. TPs are clear on the picture.
Fixing a daily candle below the green range will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Trade active
After hitting the green range, it climbed about 35%
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