berichcolin

An interesting call opportunity for BIDEN Avg. POLLS

Long
US:BIDEN   US PRESIDENTIAL ELECTION 2020 BIDEN AVERAGE POLLS
Look at the weekly chart of the BIDEN Avg. POLLS, we found there is resistance that formed by Sep 2019 and May 2020. Obviously, the resistance line was broken through in the last week, it may be a bullish signal for us. The performance of BIDEN Avg. POLLS are relatively weak this week and that may be a short-term correction in the market. As a result, the entry point can be as close to the resistance line as possible and the stop loss should be set at 50.38. Since the previous high is at 52.92 and that can be our first target to profit.


Stop Loss: 50.38
Entry point: 51.2
Target: 52.92
Risk/Reward Ratio: 2.1

Anyway, it is only a bad joke and for fun only. Please be serious in your valuable vote. Wish all traders have a good profit today! =D

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.