A wonderful setup for ACC. wait for RETEST
Updated
This guy has given a Break out after 3.8yrs , a wonderful opportunity for investors and swing traders one can expect a move of 8-10 % ,
i would personally suggest to buy when there is RETEST of trend line,the reason behind this is you can enter with a minimum SL if we talk in numbers then,
one can enter at 1580-1590 with SL of 15-20 points and can expect 3:1 or definitely more .
ALL THE BEST.
LET me know if anyone makes some profit from this ,
REGARDS
i would personally suggest to buy when there is RETEST of trend line,the reason behind this is you can enter with a minimum SL if we talk in numbers then,
one can enter at 1580-1590 with SL of 15-20 points and can expect 3:1 or definitely more .
ALL THE BEST.
LET me know if anyone makes some profit from this ,
REGARDS
Note
AS I MENTIONED IT EXACTLY CAME FOR RETEST AROUND 1590 AND WENT UP 19 % .. WHAT MORE WOULD YOU EXPECT.RISK TO REWARD IS 8:1 .
HAPPY TRADING AND INVESTING.
Trade closed: target reached
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.