CLOV Trade Setup: Entry at $3.05, SL at $2.96!
This chart highlights a CLOV trade setup on the 30-minute timeframe. The entry point is at $3.05, with a stop-loss (SL) set at $2.96 to manage risk. The setup targets a potential breakout above the descending trendline, aiming to test key resistance levels:
Target 1 (T1): $3.14
Target 2 (T2): $3.25
The strategy ensures a favorable risk-to-reward ratio while capitalizing on potential upward momentum. This setup focuses on technical analysis for precise entry and exit points.
Target 1 (T1): $3.14
Target 2 (T2): $3.25
The strategy ensures a favorable risk-to-reward ratio while capitalizing on potential upward momentum. This setup focuses on technical analysis for precise entry and exit points.
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.