I decided to take a long here on my Trading setup. Low risk with high risk reward ratio opportunity.
The most reasons for beeing bullish and taking a long:
► double bottom
► bounce from the 0.618 fib level
► bounce from the 200 MA
► we are in a falling wedge → bullish pattern
Trading setup:
Entry: $53.79
SL: $49.3
TP: $75.75
Disclaimer: DYOR. No financial advice. Just for your impression.
The most reasons for beeing bullish and taking a long:
► double bottom
► bounce from the 0.618 fib level
► bounce from the 200 MA
► we are in a falling wedge → bullish pattern
Trading setup:
Entry: $53.79
SL: $49.3
TP: $75.75
Disclaimer: DYOR. No financial advice. Just for your impression.
Trade active
Trade active
Trade active
Note
Target rechead! Closed 70% of my position. I will open the other 30% in case of ne ATHsTrade active
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.