Hi,
Not much a criterion or something but the odds should be in our favor. A full Daily close above the round number/above the psychological number $100.
The break occurred with a kind of low volume so, do not go all-in :)
Considering current situations then the major target is TP1 and the invalidation area is marked with red - Daily candle close inside or below the marked zone will gut the trade.
Do your own analysis and trade cautiously.
Regards,
Vaido
Not much a criterion or something but the odds should be in our favor. A full Daily close above the round number/above the psychological number $100.
The break occurred with a kind of low volume so, do not go all-in :)
Considering current situations then the major target is TP1 and the invalidation area is marked with red - Daily candle close inside or below the marked zone will gut the trade.
Do your own analysis and trade cautiously.
Regards,
Vaido
Trade closed: stop reached
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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.