The support and resistance lines are followed by the script. Looks like a good buy at the current price. Target 180 to 190. Stop-loss 138 with a risk-reward of 1:5.
That is about a 27% upward move over 4 to 8 weeks.
Triangle patterns are my strength, but this script is trading near its support zone. Should work out well...
That is about a 27% upward move over 4 to 8 weeks.
Triangle patterns are my strength, but this script is trading near its support zone. Should work out well...
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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.