On the chart, two important levels were shown, immediate resistance and important support level. These two level are the area to watch for major action.
Although, considering the setup been a bullish structure, our immediate plan is to LONG from the Area of interest for Bull and keep at least 12% stop loss.
If this stop loss get activated, then the trade will tagged as a Failed setup and wait for important support to break and go for short.
Trade closed: target reached:
Achieved first 2 targets
Trade closed manually:
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