It cooks exactly like in a recipe book...
The middle support is according to the weekly chart.
No need to bet, just wait to see where it will break:
If the momentum will be really significant - enter, if not, wait a bit for some manipulation, then enter.
I assume the chart is waiting for whatever news to make the move, although it's better not to exit during news. A slow and moderate move would allow a safer entry with better risk management.
But always wait for manipulation.
[Although I'm in Long (unfortunately...) but I'm really not sure it's on the way up. I wish...]
The middle support is according to the weekly chart.
No need to bet, just wait to see where it will break:
If the momentum will be really significant - enter, if not, wait a bit for some manipulation, then enter.
I assume the chart is waiting for whatever news to make the move, although it's better not to exit during news. A slow and moderate move would allow a safer entry with better risk management.
But always wait for manipulation.
[Although I'm in Long (unfortunately...) but I'm really not sure it's on the way up. I wish...]
Trade closed: target reached
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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.