BLL - Low risk trade
Updated
The R/R is somewhat stale. However, the technicals and price action indicate there if possible further upward momentum.
Currently, price action is sitting on support formed by the Kijun and Tenkan.
If price action continues, there should be a rally to the last high at the very least.
If price action breaks support, we can cut our losses at the previous support (and possibly re-initiate the position depending on the variables at that time)
Currently, price action is sitting on support formed by the Kijun and Tenkan.
If price action continues, there should be a rally to the last high at the very least.
If price action breaks support, we can cut our losses at the previous support (and possibly re-initiate the position depending on the variables at that time)
Note
Profit target hit
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