Buy above 88.37. Stop loss at 88.11. Take profit at 89.01.
Reason for the trading strategy (technically):
Price has dropped perfectly from our selling area and reached our profit target perfectly. We look to buy above major support at 88.37 (Fibonacci retracement, horizontal overlap support) for a bounce up to at least 89.01 resistance (Fibonacci extension, horizontal swing high resistance) once again.
Stochastic (34,5,3) is seeing support above 4.5% and 10% where we expect a corresponding bounce.
Reason for the trading strategy (technically):
Price has dropped perfectly from our selling area and reached our profit target perfectly. We look to buy above major support at 88.37 (Fibonacci retracement, horizontal overlap support) for a bounce up to at least 89.01 resistance (Fibonacci extension, horizontal swing high resistance) once again.
Stochastic (34,5,3) is seeing support above 4.5% and 10% where we expect a corresponding bounce.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.