The commodity has reached upper trendline and may undergo a correction within range. Trade is supported by resistance Nearby.
Risk Reward Ratio - 2:1
SL is placed above resistance zone & the upper trendline. The target is placed near swing low.
Risk Reward Ratio - 2:1
SL is placed above resistance zone & the upper trendline. The target is placed near swing low.
Trade closed: stop reached
The commodity has broken out, thereby failing idea behind the trade.
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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.