On looking over the 15m time frame we clearly see a Volume Contraction Pattern (VCP) , it is a very good long trade having the Stop Loss below the second leg of the VCP pattern and an easy 1:2 move can be expected from this setup, rest can be trailed for the higher profits. The above trade setup is done for the day 14.06.2021. Please like if you got some profits or found it useful.
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Note
Also there us a demand zone which gives it an additional reason to move up.
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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.