Why take this trade?
A triple bottom breakout on the daily charts after retest + today's candle taking support on the rising trendline (higher lows connected) + good volumes
When to initiate entry?
The candle needs to close above 814.10 at the end of the day
Exit?
SL is 5% below the breakout level
Target - width of the pattern projected from the breakout
R: R?
2.6
A triple bottom breakout on the daily charts after retest + today's candle taking support on the rising trendline (higher lows connected) + good volumes
When to initiate entry?
The candle needs to close above 814.10 at the end of the day
Exit?
SL is 5% below the breakout level
Target - width of the pattern projected from the breakout
R: R?
2.6
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.
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.