Hello everyone, hope you are doing well.
Welcome to today's trade setup as a part of "Aglogains - Daily Trade Series".
On the 1H timeframe we see a double bottom being formed at a key resistance level of 3330 - 3340.
This was followed by a bullish confirmation, giving us an entry signal to the long side.
Entry - 3234
Stop-loss - 3204 (30 points)
Take profit - 3294 (60 points)
1:2 RISK TO REWARD
Will keep you posted on the progress. Happy trading.
Welcome to today's trade setup as a part of "Aglogains - Daily Trade Series".
On the 1H timeframe we see a double bottom being formed at a key resistance level of 3330 - 3340.
This was followed by a bullish confirmation, giving us an entry signal to the long side.
Entry - 3234
Stop-loss - 3204 (30 points)
Take profit - 3294 (60 points)
1:2 RISK TO REWARD
Will keep you posted on the progress. Happy trading.
Trade closed: stop reached:
stop reached and break out to the downside. Lost 30 points