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Tomasgei
Feb 8, 2021 2:30 PM

Macys 👗 testing demand zone: Nice long setup 🤩 Long

Macy's IncNYSE

Description

Hi guys,
i have another interesting trade on NYSE:M.Its in pretty strong trend in daily and weekly timeframe too. Its testing weekly demand zone after correction last week. 14.17 - 15.30 its nice entry point to catch continuation of this strong uptrend. My target is near 0.786 fibbo level, there is strong supply zone in weekly timeframe.

Here is my setup:

------------------------Trade setup ---------------------------
Entry: 15.30
Stop Loss: 13.28
Profit target: 21.54
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Comments
TheSignalyst
amazing job here Tomas
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