💡 Trade Idea
📈 Buy Limit Pfizer Inc. @ 36.70
🎯 Target Profit 43.08
🛑 Stop Loss 34.80
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The price was ranging inside a parallel channel near a confluence zone between the daily support and the 61.8% Fibonacci retracement. We have a low volume, but our expectation that it will increase, and this will lead to a breakout of the channel to the upside, and then a huge move to the 43.08 mark.
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Risk Disclaimer: All trading ideas published by collegeofpips are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️