A triple bottom suggests a change in direction higher and possibly the start of a new uptrend. To put it in buyers/sellers terms, the sellers have created a downtrend that came to a low point (support), which led to a rebound or short-covering.
Entry point: Consider entering a long position at first green candle if the formation is not broken. Recommended entry price: 59.58.
Stop loss: Place stop loss below support line. Recommended stop loss value : 57.80.
Take Profit: 63.37.
Entry point: Consider entering a long position at first green candle if the formation is not broken. Recommended entry price: 59.58.
Stop loss: Place stop loss below support line. Recommended stop loss value : 57.80.
Take Profit: 63.37.
Trade closed: stop reached
failed , stop loss hit
💥 Free signals and ideas ➡ t.me/vfinvestment
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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.
💥 Free signals and ideas ➡ t.me/vfinvestment
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.