HTL Swing Trade Setup - Daily Time Frame:
The price action is in uptrend making higher highs and higher lows. Whenever the price tests 50-day Moving Average its bounce back and currently it hovering above it. Long position can be consider for the target of 42.60 and upon break & sustain condition it can test 48. Use stop loss just below previous swing low at 35.
The price action is in uptrend making higher highs and higher lows. Whenever the price tests 50-day Moving Average its bounce back and currently it hovering above it. Long position can be consider for the target of 42.60 and upon break & sustain condition it can test 48. Use stop loss just below previous swing low at 35.
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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.