PACE Flip Trading Setup (Short Sale):
After breaking out from a downward channel, PACE created an upthrust and retraced back, indicating potential for a downward move. We're flipping our position to capitalize on this reversal.
*Short Sale Levels:*
- *Short Sale 1:* PKR 5.7 (current level)
- *Short Sale 2:* PKR 5.9
- *Short Sale 3:* PKR 6.3
*Target Prices:*
- *TP1:* PKR 5.15
- *TP2:* PKR 4.15
*Stop Loss:* Above PKR 6.70
*Risk-Reward Ratio:* 2
After breaking out from a downward channel, PACE created an upthrust and retraced back, indicating potential for a downward move. We're flipping our position to capitalize on this reversal.
*Short Sale Levels:*
- *Short Sale 1:* PKR 5.7 (current level)
- *Short Sale 2:* PKR 5.9
- *Short Sale 3:* PKR 6.3
*Target Prices:*
- *TP1:* PKR 5.15
- *TP2:* PKR 4.15
*Stop Loss:* Above PKR 6.70
*Risk-Reward Ratio:* 2
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.