AIRARABIA
broke out of the ascending triangle formation and is holding up above the break-out level. Anticipated price action and targets are shown on the chart, stop loss daily close below 1.32 AED.
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This is only my own view and not financial advice, do your own analysis before buying or selling
Happy Trading!
Hit the like button please if you find this useful :)
This is only my own view and not financial advice, do your own analysis before buying or selling
Happy Trading!
Trade closed: stop reached
Comment:
It closed one day below the stop level and then hit all targets. We should always leave some safety buffer when setting a stop loss.