Summary
If price hits resistance level (in green), assume price will bounce and move towards support level (in red).
Risk/Reward
6.5:1
Take Profit set at red support line
Stop Loss set above resistance (green) line, based on price at blue arrow
If price hits resistance level (in green), assume price will bounce and move towards support level (in red).
Risk/Reward
6.5:1
Take Profit set at red support line
Stop Loss set above resistance (green) line, based on price at blue arrow
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.