It seems we have reasonable amount of chance to touch 1.868 area, that would make this trade quite nice. The setup is a bit tricky because it's a barely broken PAC and RSI. That could lead to false breakdown with quick jump to the upside. However the RR is quite good and on higher TF I'm seeing a longer consolidation before getting back to the rising channel.
Trade with your own diligence,
GL HF
Trade with your own diligence,
GL HF
Note
Closed 25%@TP1.Trade closed: stop reached
SL hit!Related publications
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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.