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
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