We have identified the following indicators suggesting a BUY opportunity:
• Reflection from the bottom of the parallel channel
• Low volume, indicating a potential lack of momentum to continue the current downward movement
• Retest of key support levels: Yearly low and 6-month low low
We have set three target profit levels:
TP 1 = 40 pips
TP 2 = 100 pips
TP 3 = 200 pips
SL = -200 pips
• Reflection from the bottom of the parallel channel
• Low volume, indicating a potential lack of momentum to continue the current downward movement
• Retest of key support levels: Yearly low and 6-month low low
We have set three target profit levels:
TP 1 = 40 pips
TP 2 = 100 pips
TP 3 = 200 pips
SL = -200 pips
Note
TP 1 REACHED 😊Note
TP 2 REACHED 😊Trade closed: target reached
TP 3 REACHED 😊
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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.
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.