TEAMLEASE SERVIES. LONG-TERM INVESTMENT OPPORTUNITY
TEAMLEASE SERVIES. LONG-TERM INVESTMENT OPPORTUNITY
Hello traders!
key points:
🎯The price crossed its weekly resistance level.
🎯A bullish crossover has formed on the MACD oscillator, and the Rsi indicator is above 50.
🎯Volume is also increasing, there is a strong possibility that the price is ready to move higher.
Major Level:
Support Price Level - 2739.95
Resistance Price Level n/a
Entrance Area:
The optimal entry offers the greatest reward-to-risk ratio while the optimal entry is an area for reversal signals.
Optimum Entry Nearby – 2850
Stop loss - weekly candle close below 2739.95
Target Price 1st - 5550
Target Price 2nd - n/a
risk:
As traders, it is your job to minimize risk and only choose trade structures that offer high probability and a great reward-to-risk ratio.
If uncomfortable with defined exit levels, experiment with support levels to help set solid exit rules to protect your capital.
If the weekly candle closes below the price level of 2739.95 – This suggests that the structure is not in our favor and it would be wise to reduce risk or close the trade until a solid signal gives us reason to re-enter.
Hello traders!
key points:
🎯The price crossed its weekly resistance level.
🎯A bullish crossover has formed on the MACD oscillator, and the Rsi indicator is above 50.
🎯Volume is also increasing, there is a strong possibility that the price is ready to move higher.
Major Level:
Support Price Level - 2739.95
Resistance Price Level n/a
Entrance Area:
The optimal entry offers the greatest reward-to-risk ratio while the optimal entry is an area for reversal signals.
Optimum Entry Nearby – 2850
Stop loss - weekly candle close below 2739.95
Target Price 1st - 5550
Target Price 2nd - n/a
risk:
As traders, it is your job to minimize risk and only choose trade structures that offer high probability and a great reward-to-risk ratio.
If uncomfortable with defined exit levels, experiment with support levels to help set solid exit rules to protect your capital.
If the weekly candle closes below the price level of 2739.95 – This suggests that the structure is not in our favor and it would be wise to reduce risk or close the trade until a solid signal gives us reason to re-enter.