NOTE: this is an exercise of my class ordered by the teacher and I had to find the above mentioned trend in an specific time (not necessarily recent) The risk ratio of this operation is 1 Time Frame used: Weeks Before taking an inmediate ascending trend, the price experienced a lateralization and then took an ascending trend for a take profit of 225, 13 and a stop loss of 168,68
I think in a market like this technical analysis needs to be taken with a grain of salt. All time highs seem like months away. Most likely sideways or downward movement, just my two thoughts.
supernaty
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@wrightsophia1992, Thank you for you comment. As you could read in my comment, this is an example, not trading advice.