Price is landing on a string demand area and at the same time is forming a falling wedge. Looks very expulsive like the shown on the chart. Risk-reward is good. I opened a long position, SL triggers if a daily candles closes below the demand zone.
Note
Adding hereNote
Breakout!!Note
Heading to the next resistance at 2. I'll take some profits there:Trade closed: target reached
It touched my target. I closed 80% of my position, I think is going higher. I'll leave that 20% to speculate
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.
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.