Recently price has retraced back to a Trendline in a Corrective move, this should ideally take the price up from the Trap Zone and make another Higher High.
Expecting a 5:1 Reward to Risk Long trade with a Return on Investment of approx. 9.58%
Trade closed: stop reached
Stop hit for this ideaRelated 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.
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.