1. tremendous drop in the first hour on Friday with a modest rebound, showing the initial overreaction had passed.
2. close above the Strong bottom support line
3. Friday's slump left a big Gap above!
3. there are 2 resistance line near above. Once opening above the first resistance line which is 9.06, the space going up is huge!
Stop loss price can be set at the support line below.
Ratio of Profit and Loss is 3.88.
Potential profit is about 11%.
Worth giving it a shot!
2. close above the Strong bottom support line
3. Friday's slump left a big Gap above!
3. there are 2 resistance line near above. Once opening above the first resistance line which is 9.06, the space going up is huge!
Stop loss price can be set at the support line below.
Ratio of Profit and Loss is 3.88.
Potential profit is about 11%.
Worth giving it a shot!
Trade closed: target reached
almost 14% profit! :)
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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.