It is testing the ATH level once again after 2 years (a small attempt failed in June '26).
Considering the over all market conditions and the macro economic challenges we face, I would want the price to close above 1480 before me taking any position in this.
Also the SL in this case will be small (1345) and close by, since there is no point give it to much room to dance around. If it breaks out and sustains, then up is the only way forward.
Trailing the the price is best way forward, with profit booking at different levels (7% -10% -15%...)
--- --- ---
Obstacles do not block the path;
they are the path.
- A Zen saying.
Considering the over all market conditions and the macro economic challenges we face, I would want the price to close above 1480 before me taking any position in this.
Also the SL in this case will be small (1345) and close by, since there is no point give it to much room to dance around. If it breaks out and sustains, then up is the only way forward.
Trailing the the price is best way forward, with profit booking at different levels (7% -10% -15%...)
--- --- ---
Obstacles do not block the path;
they are the path.
- A Zen saying.
Trade closed: stop reached
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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.