The price has cleanly breached the lower support boundary of the wedge and a minor horizontal support level around 1.15722. The red arrow confirms a short-entry trigger following a minor retest of the broken structural dynamic support.
Invalidation (Stop Loss): The stop loss is structurally defined just above the recent consolidation cluster at 1.16584, providing a strict risk-managed buffer in case of a fakeout.
Target (Take Profit): The ultimate downside objective is set at 1.14789, aligning closely with historical horizontal support levels established earlier in the trend.
Invalidation (Stop Loss): The stop loss is structurally defined just above the recent consolidation cluster at 1.16584, providing a strict risk-managed buffer in case of a fakeout.
Target (Take Profit): The ultimate downside objective is set at 1.14789, aligning closely with historical horizontal support levels established earlier in the trend.
Trade attivo
Hey traders, The Fiber has rejected our sell level and is now moving nicely toward our target. 🎯
You can consider taking some profit as the price approaches this level and managing the remaining position according to your trading plan.
Stay disciplined and protect those profits! 💰📈
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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.