Linde AG - Long
Price history on this title is limited. Showed strong upward movements in the past.
The most recent correction shows signs of being completed and another upward move might follow.
A chance-risk-ratio of 2.3 is good for TP1. I am not sure if the resistence line at about 220.50 will be broken. If TP2 with a really good chance-risk-ratio of 5 is reasonable.
Since I am not that sure about an upward break I would move the stop loss for TP2 on entry price if it breaks high at 206.70.
*** As always, if you trade with real money make your own analysis, as the provided analysis is no trade recommendation and for theroetical learning only. So do not trade any of my trade-analysis with real money. ***
The most recent correction shows signs of being completed and another upward move might follow.
A chance-risk-ratio of 2.3 is good for TP1. I am not sure if the resistence line at about 220.50 will be broken. If TP2 with a really good chance-risk-ratio of 5 is reasonable.
Since I am not that sure about an upward break I would move the stop loss for TP2 on entry price if it breaks high at 206.70.
*** As always, if you trade with real money make your own analysis, as the provided analysis is no trade recommendation and for theroetical learning only. So do not trade any of my trade-analysis with real money. ***
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