Chart pattern: Bull flag
Entry: Immediately (this would end the secondary downtrend of the correction)
Stop: 60.48$
Target: 72$
Stopmanagement: ATR Stops daily chart default settings
Risk:Reward-Ratio: > 3:1
Description: The chart is forming a bull flag with a nice corrective pattern (which retraced near the 38 Fibonacci retracement ). Target is the 1:1 Fibonacci extension of the former impuslive move.
Ordersize example: If you have a 10000K to trade and you only want to risk 1% of your volume , you can enter this trade with 2380$.
Entry: Immediately (this would end the secondary downtrend of the correction)
Stop: 60.48$
Target: 72$
Stopmanagement: ATR Stops daily chart default settings
Risk:Reward-Ratio: > 3:1
Description: The chart is forming a bull flag with a nice corrective pattern (which retraced near the 38 Fibonacci retracement ). Target is the 1:1 Fibonacci extension of the former impuslive move.
Ordersize example: If you have a 10000K to trade and you only want to risk 1% of your volume , you can enter this trade with 2380$.
Trade active
Note
Stopmanagement: 62.50$Note
Stopmanagement: 63.10$
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.