As long as there is no break in the uptrend on the daily chart, a long position can be attempted from the current level with a target of the previous highs at 34.80-35.00
Since the trade is taking place during a period of high volatility and the entry is not the most stable, it is better to trade with a stop-loss, adjusting it throughout the day as the price moves up.
The first stop is at 31.70. Then, if 32.50 is broken, move it to 32.10, and so on.
Since the trade is taking place during a period of high volatility and the entry is not the most stable, it is better to trade with a stop-loss, adjusting it throughout the day as the price moves up.
The first stop is at 31.70. Then, if 32.50 is broken, move it to 32.10, and so on.
Trade closed: stop reached
The Stop Loss was reached.I'm not going to re-enter position. Too risk, too volatile.
I'll wait for my setup.
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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.