Chart pattern: Break out
Entry: Immediately
Stop: 55$
Target: 61.50$
Risk/Reward-Ratio: > 2:1
Stopmanagement: Parabolic SAR daily chart default settings
Description: The price broke out of a trading range and is testing the former resistance level which now acts as support. The high volume from the break out is also confirming the long scenario.
Entry: Immediately
Stop: 55$
Target: 61.50$
Risk/Reward-Ratio: > 2:1
Stopmanagement: Parabolic SAR daily chart default settings
Description: The price broke out of a trading range and is testing the former resistance level which now acts as support. The high volume from the break out is also confirming the long scenario.
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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.