After quite a while, I'm back to share a new idea – hopefully it benefits fellow traders.
QFBQ is shaping up for a potential breakout from the current descending resistance line. Price has recently shown strength with a rebound from the support zone (around 1.65), forming a possible RBS (resistance turned support) setup.
We might see a short pullback before it pushes through the trendline. Watch closely for a clean break to the upside.
Brief Trading Plan
Entry: 1.740
Support / Stop Loss: 1.654
Target TP1: 1.915
Risk: 5% of 60k capital
Units Size: 34,200
Potential ROI: ~10%
Let’s see how price reacts around this level. A breakout with volume could ignite the next leg up.
#QFBQ #QSE #LeshaBank #SwingTrade #Breakout #SupportResistance #TradingQatar #TradingViewIdeas #MainBursaMYkiniQatar
QFBQ is shaping up for a potential breakout from the current descending resistance line. Price has recently shown strength with a rebound from the support zone (around 1.65), forming a possible RBS (resistance turned support) setup.
We might see a short pullback before it pushes through the trendline. Watch closely for a clean break to the upside.
Brief Trading Plan
Entry: 1.740
Support / Stop Loss: 1.654
Target TP1: 1.915
Risk: 5% of 60k capital
Units Size: 34,200
Potential ROI: ~10%
Let’s see how price reacts around this level. A breakout with volume could ignite the next leg up.
#QFBQ #QSE #LeshaBank #SwingTrade #Breakout #SupportResistance #TradingQatar #TradingViewIdeas #MainBursaMYkiniQatar
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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.