surapats

IWM and TD Buy Setup

Long
AMEX:IWM   iShares Russell 2000 ETF
IWM formed the reversal pattern with TD Buy Setup at a significant support area. I waited for the bullish price flip signal and decided to use the previous bar as SL. Interestingly, tunnel line and TDST L. is the same level for TP; thus, the following setup has been applied. Don't forget to calculate your position well before trading. Good Luck!
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