Potential Momentum Building - Rainbow
- Technical Analysis:
- Reversed from the support zone.
- Near immediate resistance, expected to break easily.
- Potential for good momentum above 1200.
Trade Strategy:
- Entry: Consider buying on the breakout above the immediate resistance.
- Stop Loss: Below the recent support level.
- Target: Based on momentum and further resistance levels.
- Reversed from the support zone.
- Near immediate resistance, expected to break easily.
- Potential for good momentum above 1200.
Trade Strategy:
- Entry: Consider buying on the breakout above the immediate resistance.
- Stop Loss: Below the recent support level.
- Target: Based on momentum and further resistance levels.
Trade active
12% return on investment so far
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Telegram- telegram.me/marketiik
A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
Telegram- telegram.me/marketiik
A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
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.
Join our community in telegram for real time updates --- telegram.me/marketiik
Telegram- telegram.me/marketiik
A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
Telegram- telegram.me/marketiik
A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
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.