Hi Traders!
The market is in an Uptrend.
As you can see the market is at a Daily Resistance.
That is the barrier it has to BREAK to reach the next Level.
This idea is a combination of a "Bounce and Breakout".
These Structure Levels are supporting the idea:
The SL is under the Trendline.
The Target is below the next Key Level, where a possible Change could come.
We recommend to close the Trade when the Price don't break out of the Resistance.
Thanks and successful Trading :)!
The market is in an Uptrend.
As you can see the market is at a Daily Resistance.
That is the barrier it has to BREAK to reach the next Level.
This idea is a combination of a "Bounce and Breakout".
These Structure Levels are supporting the idea:
- The (pink) Trendline which is giving Support and giving pressure to the price.
- The 50 Exponential Moving Average which is highly respected by Traders and Trading Robots.
The SL is under the Trendline.
The Target is below the next Key Level, where a possible Change could come.
We recommend to close the Trade when the Price don't break out of the Resistance.
Thanks and successful Trading :)!
Note
Here is the RED BOX you were looking for:Have a nice day :)
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.