Long
SXP/USD Breaks out 112% Profit Potential Trade
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As you can see in this chart SXP broke out of a descending channel towards the upside. A good trade opportunity.
SXP looks good for a buying opportunity under 1.53$-1.42$ expecting another rally towards 2.5$-3.2$ zone, however 1.35$ will the best stop in case things goes wrong.
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Thanks for reading...
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this is Husain Zabir, signing out
Thankyou...
--------------------------------------------------------
A request from all of you to please like and follow our Hard work to keep encouraging us, there's no fee for likes and followings :)
--------------------------------------------------------
As you can see in this chart SXP broke out of a descending channel towards the upside. A good trade opportunity.
SXP looks good for a buying opportunity under 1.53$-1.42$ expecting another rally towards 2.5$-3.2$ zone, however 1.35$ will the best stop in case things goes wrong.
--------------------------------------------------------
Thanks for reading...
--------------------------------------------------------
this is Husain Zabir, signing out
Thankyou...
Note
We have entered the trade, setup is still valid
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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.