CHR buy/long setup
Updated
After the heavy drop, it has now broken the trigger line and created a bullish iCH.
There is a support area close below the price, on which we will look for buy/long positions if the price reaches this range.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will cause analysis.
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
There is a support area close below the price, on which we will look for buy/long positions if the price reaches this range.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will cause analysis.
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
Trade closed manually
The Demand range was not reached, but the targets were hit and our bullish view for a swing on CHR was correctWe will not enter on CHR again
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