Buy limit order at 45.50. Stop at or below 43.00. Target 1) 52.00.
A more conservative approach is to wait for a new higher low to be formed above the 44 level. Expecting a new higher high to be formed into the 50`area.
Trade closed: target reached
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TP1 reached at 52 USD. Closing parts of the position. Move stop to BE. This has potential to venture a lot higher.