After a rally and the price gets stuck in a channel, it is expected that the price can grow as much as the previous rally after exiting the channel.
R/R=3.5 and safe for long
R/R=3.5 and safe for long
Trade closed: target reached
R/R=2 target reached
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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.