Long cable
Updated
Aiming to take profit in 2 chunks - The first at 1:1 R/R, and then run the other half for the full target. Bullish engulfing candle in a daily zone.
Trade active
Trade stil active, however the Service PMI miss (53 vs 54.2 expected) makes this a less probable trade. AS I am a technical trader, I will not be closing the position as I feel its still put a bullish structure in place.
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.