Hitting Double Bottom - expecting short term bullish behaviour
Looking quite good here - MACD crossover, hit the double bottom.
Having a tight S/L makes this an opportunity for a 28% gain till resistance - and 55% till the next resistance if the first one can be broken.
Risk / Reward ca. 1:2.5 - 1:5
This is not financial advise - it's just a trading idea.
Having a tight S/L makes this an opportunity for a 28% gain till resistance - and 55% till the next resistance if the first one can be broken.
Risk / Reward ca. 1:2.5 - 1:5
This is not financial advise - it's just a trading idea.
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.