At the moment, S is going in a parallel channel through upwards. Either right from around here or from a lower demand zone, S will be going through 0,63 level.
It's a low risk trade and might be usefull.
Below the are 0.58 which is marked on the chart might be dangerous and would be a usefull stoploss.
If you can follow the chart in low time frame wait for a 4 hour candle close before stop the position if it reaches the invalidation level.
It's a low risk trade and might be usefull.
Below the are 0.58 which is marked on the chart might be dangerous and would be a usefull stoploss.
If you can follow the chart in low time frame wait for a 4 hour candle close before stop the position if it reaches the invalidation level.
Trade closed: stop reached
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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.