SKL recently had a massive surge of nearly 100%. after a downtrend it finds itself on a massive support level that could be a good entry point. As mentioned in the title this is a RISKY Long so dont invest too much.
Key points
-TP green box around +/- 0.107
-SL closure below support box under 0.0694
-I cant mention it enough but it is RISKY, Max leverage of 5 and dont invest more dan 5% of total portifolio.
- R:R 1:20
Key points
-TP green box around +/- 0.107
-SL closure below support box under 0.0694
-I cant mention it enough but it is RISKY, Max leverage of 5 and dont invest more dan 5% of total portifolio.
- R:R 1:20
Trade closed: stop reached:
Daily closed under support. Closed trade here, capital preserving is key.
Comment:
Good pump if you held, would advise closing 50% and moving SL to entry. Good trade.