There is a trading idea that is based on the price reversal from the 100.00 support zone. RSI confirmed the price reversal as well as MACD histogram. If the price breaks the local downtrend line, it will give us a new bullish signal and a buy opportunity.
Entry Price: above 105.45
Stop Level: below 89.05
Profit Level: at 138.40
Risk per trade must be no more than 5% of your capital. If the price drops below SMA100, the next buy opportunity will be from SMA200 and 60.00 support zone.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Entry Price: above 105.45
Stop Level: below 89.05
Profit Level: at 138.40
Risk per trade must be no more than 5% of your capital. If the price drops below SMA100, the next buy opportunity will be from SMA200 and 60.00 support zone.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
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💎 Share My BEST Trades here 👉 bit.ly/wubits