Breakout of inner range with 2R available to run to outer range. In general, breakout trades are expected to run longer than short term swing trades
R: $100
E: $93.4
S: $90.5
Diff: $2.90
T1 (1R): $96.3 (raise stop to $91.95 [1/2 of Diff + Orig Stop])
T2 (2R): $99.2 (withdraw 1/2, raise stop to Entry)
T3 (ATH): $106 OR Break of prior dip
R: $100
E: $93.4
S: $90.5
Diff: $2.90
T1 (1R): $96.3 (raise stop to $91.95 [1/2 of Diff + Orig Stop])
T2 (2R): $99.2 (withdraw 1/2, raise stop to Entry)
T3 (ATH): $106 OR Break of prior dip
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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.