Long Trade in 4H
Looking for long trade as it seems price is trading in parallel channel also it is near support which is right time to take long trade with small stop loss below the support area...
1st Target will be recent swing high
2nd Target will be parallel channel's high
1st Target will be recent swing high
2nd Target will be parallel channel's high
Note
as it seems it breaks recent high which could have act as resistance (4770) but it retest that level and continue to make higher high price action.We can trail SL below Support level (4770) for next target of 5100.
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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.