Entry: $2,698 Stop Loss: $2,693 Target: $2,705 This setup provides a risk-reward ratio of 1:1.6, making it a favorable short-term trade opportunity. The entry is based on a key support level, with the target aligning with the next resistance zone.
It’s essential to monitor price action closely at the target level for signs of reversal or continuation.
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.