General trend is ranging bullish, this long opportunity exists because it breached the pennant trend line before. Price can now move in this newly established channel upwards. I set my TP at a more conservative zone around 76.3. If it makes a higher high, this trade is a nice 1:2.6 RR opportunity.
Trade closed: stop reached
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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.