Hello everyone, hope you are doing well.
Welcome to today's trade setup as a part of "Aglogains - Daily Trade Series".
On the 1H timeframe we see a double bottom being formed at a key resistance level of 3330 - 3340.
This was followed by a bullish confirmation, giving us an entry signal to the long side.
Entry - 3234
Stop-loss - 3204 (30 points)
Take profit - 3294 (60 points)
1:2 RISK TO REWARD
Will keep you posted on the progress. Happy trading.
Welcome to today's trade setup as a part of "Aglogains - Daily Trade Series".
On the 1H timeframe we see a double bottom being formed at a key resistance level of 3330 - 3340.
This was followed by a bullish confirmation, giving us an entry signal to the long side.
Entry - 3234
Stop-loss - 3204 (30 points)
Take profit - 3294 (60 points)
1:2 RISK TO REWARD
Will keep you posted on the progress. Happy trading.
Trade closed: stop reached
stop reached and break out to the downside. Lost 30 pointsDisclaimer
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.