Hello traders,
I am sharing a long position:
Entry price: 59200
Target: 61500
Stop-loss: 57800
As per above 4H chart, Price is on support of downtrend channel - middle line
Price is on the support of uptrend channel - low line
I set the target to be resistant level @ 61500
Good Luck
I am sharing a long position:
Entry price: 59200
Target: 61500
Stop-loss: 57800
As per above 4H chart, Price is on support of downtrend channel - middle line
Price is on the support of uptrend channel - low line
I set the target to be resistant level @ 61500
Good Luck
Note
as per below chart, I can set a 2nd target at 63000Trade closed: target reached
61,500 reachedTrade active
63000 still validTrade closed: target reached
63k reachedTrade active
As per below chart I am long targeting 67,750Note
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Related publications
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.