This is an update from my previous post on DBS:
Currently we have a risk free trade trade running on DBS
D05.
Today I see another opportunity to be bullish, however we have to wait until it retraces to the nearest level.
Big players are in the midst of profit taking from the previous bull run.
Technically: downtrend channel resistance had been breached, we are waiting for the small pullback and buy from that area.
This week my trade opinion:
Buy Limit at $20.50
Stop Loss at $20.20
Take Profit at $21.78
Risk Reward Ratio = 4.27R
Disclaimer:
The analysis above for educational purposes only, I do not responsible for your losses. Please adjust your own lot sizing according to your appetite.
If you are benefiting from my trade opinion, please buy me coffee.
As always, move your SL when you are in the profit zone.
Currently we have a risk free trade trade running on DBS
D05.Today I see another opportunity to be bullish, however we have to wait until it retraces to the nearest level.
Big players are in the midst of profit taking from the previous bull run.
Technically: downtrend channel resistance had been breached, we are waiting for the small pullback and buy from that area.
This week my trade opinion:
Buy Limit at $20.50
Stop Loss at $20.20
Take Profit at $21.78
Risk Reward Ratio = 4.27R
Disclaimer:
The analysis above for educational purposes only, I do not responsible for your losses. Please adjust your own lot sizing according to your appetite.
If you are benefiting from my trade opinion, please buy me coffee.
As always, move your SL when you are in the profit zone.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.