Price has been trending towards discount in this range. I believe that this is the range EVEN though there was no clear range because price SWEPT that low before reversing to the upside and creating equal highs.
With an RR of 2.4 I would put the SL on 188.080, with the first TP @ 197.150, the second @ 198.970 and the final @ 202.8 which potential of prices to go higher.
RR: 2.4
N.B.: This is not financial advice. Trade safely and with caution.
With an RR of 2.4 I would put the SL on 188.080, with the first TP @ 197.150, the second @ 198.970 and the final @ 202.8 which potential of prices to go higher.
RR: 2.4
N.B.: This is not financial advice. Trade safely and with caution.
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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.