Long
UFTBUSD Bull Expectation , 1hr chart $UFT $BUSD
UFTBUSD bull run expectation.
Buy limit : if the the price break up to the highlighted range with 1hr candle.
I would recommend buy the retest as it will be a tight range to the closest resistance as illustrated.
Stop loss: if it breaks below the horizontal level shown with 1hr candle.
Risk: 10% or below
This analysis is validated if the break occurred with high trading volume.
NFA
Buy limit : if the the price break up to the highlighted range with 1hr candle.
I would recommend buy the retest as it will be a tight range to the closest resistance as illustrated.
Stop loss: if it breaks below the horizontal level shown with 1hr candle.
Risk: 10% or below
This analysis is validated if the break occurred with high trading volume.
NFA
Trade closed: stop reached
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.