Road Map to 110.80
That was indeed a decent breakout. Now is not the time to long. A perfect entry would be after a retest of S-R zone at 109.70 then BOOM!
Buy Limit Order is best for this scenario : 109.70
Stop Loss: 109.55 (enough room for false break)
Take Profit: 110.70 (at this point, the buy momentum should be exhausted).
Disclaimer: This is not a trade advise or signal, its just a personal analysis I would trade.
Buy Limit Order is best for this scenario : 109.70
Stop Loss: 109.55 (enough room for false break)
Take Profit: 110.70 (at this point, the buy momentum should be exhausted).
Disclaimer: This is not a trade advise or signal, its just a personal analysis I would trade.
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.