Reasons for trade :
1) A double bottom spread over 3 months.
2) Price breakout of downtrend with simultaneous volume breakout on 2nd Sep'21.
3) Price sustaining above 200MA
4) A low-risk setup of 2.5 RR
Buy above 1144.3 | Targets 1431 | SL 1030.
1) A double bottom spread over 3 months.
2) Price breakout of downtrend with simultaneous volume breakout on 2nd Sep'21.
3) Price sustaining above 200MA
4) A low-risk setup of 2.5 RR
Buy above 1144.3 | Targets 1431 | SL 1030.
Trade active
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Related publications
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.