Eichermotor Long setup
Reason for Long
1. Breakout in weekly chart with volume
2. Price retraced to Fib 30% after breakout
Target1 = 4200
Target2 = 4400
1. Breakout in weekly chart with volume
2. Price retraced to Fib 30% after breakout
Target1 = 4200
Target2 = 4400
Trade closed: stop reached
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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.