As mentioned in the last post, I was waiting for the price to hit 2016 level to go long. The price went lower from that level but quickly came back to 2016 level. The target for this long should be 2038.
Note
So the price has reached the resistance zone marked on the chart although it took a bit more than expected. The long shall be closed here and trade should be concluded. We wait for another setup for the next trade.
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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.