Price has broken out of the consolidation from Feb 11-18 and has continued up towards the next resistance zone which it is now respecting it as a support zone.
Monthly/weekly bias is overall bullish and seeing the current break and retest pattern further confirms the bullish volume I am expecting to see continue throughout the next week.
Entering buys at the current price for a 1:2 RR.
Will be securing 70%-80% of the position and setting SL to BE once the next level of resistance has been reached.
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Disclaimer: The content shared is for educational and informational purposes only and does not constitute financial, investment, or trading advice. I am not a licensed financial advisor. Any actions you take based on this content are done at your own risk. Past performance is not indicative of future results.
Monthly/weekly bias is overall bullish and seeing the current break and retest pattern further confirms the bullish volume I am expecting to see continue throughout the next week.
Entering buys at the current price for a 1:2 RR.
Will be securing 70%-80% of the position and setting SL to BE once the next level of resistance has been reached.
___
Disclaimer: The content shared is for educational and informational purposes only and does not constitute financial, investment, or trading advice. I am not a licensed financial advisor. Any actions you take based on this content are done at your own risk. Past performance is not indicative of future results.
Trade attivo
TP 1 hit, closed 70% of position.Trade chiuso: obiettivo raggiunto
TP hit.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.