This is a quick Long call which based on idea(Represented with dotted lines), looking closely on the chart its observed the price already breakout from the flag and the re-test has been done with price waiting for enough push to make next major move. This call has two types of stop loss in place.
The entry zone should be taken serious been a base zone of the mini continuation of little formed after break of the major .
First stop loss is aggressive stop loss which is around 10500$ and conservative stop loss around 10230$.
The targets were shown with green lines from 11300$ to 16550$.
Kindly follow the suggested Buy zone on the chart and always remember to apply stop loss according to your risk mitigation.
Level to watch for are:
POSSIBLE ENTRY ZONE
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It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.
Am not yet convince yet with this bounce, a potential leg is missing which is a leg down and if this happen that will take us to our entry zone.
Keep an eyes on it.
What do you think about that, share your view and comments.