BAC 03.08.2023 LONG

By Avirany
Updated
Asset and Time frame -BAC DAILY
Entry Price -31.49
Exit(Stop Loss) -30.17
Exit(Take Profit) -35.53

Price bounced off the significant 38$ level after a restest, which is also the 0.382 Fibonacci level from the lows to the new high, just before that price succeeded in breaking the daily 100 MA with decent volume post earnings.

Good luck
Trade closed: stop reached
Trend Analysis

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