TJX - increased probability of appreciation

Aligning and approaching fibo clouds give support and impetus to the movement towards the targets described in the chart.

Risk management, an integral and indispensable part of this operation, provides for partial realization at the first target with subsequent movement of the stop loss line at the price that led to entry into the operation.

Risk/Return = 3

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Trade closed: target reached:

Intermediate and final targets simultaneously reached today, resulting in a total appreciation of +6.60% in 10 consecutive trading sessions. Even with the GAP we saw today and a vigorous candlestick on the Daily timeframe, the fibo clouds remained aligned and compacted, demonstrating that the appreciation could continue. However, for the purposes of analysis, this operation has been closed and our attention turns to new possibilities that could occur at the "origin" of the movement.

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