Thu 2025 01 03 Long
8am double ovn green, second exceeding close. H4 Hammer after midnight. Break up of bull flag in complex bear flag.
Risk: low of 2nd Jan
R/R: 1:1 as range territory and trend not confirmed yet
Risk: low of 2nd Jan
R/R: 1:1 as range territory and trend not confirmed yet
Trade closed: target reached
Trade reached profit target.
It received support by another 8am double ovn green today, with opportunity for doubling size as both can be cosidered as separate trades.
Based on double momentum on H3 and D1, there is potential into 20300/240.
However, original target was set under the assumption of a D1 bear flag.
Trend needs to confirm still in H3 and D1 with a re-touch from top on the 20000/20050 mark.
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.
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.