Managing to hold and close above R54 for the last couple of sessions. This could have a nice R:R should it stay above R54. Stop loss is a break of R53 with first TP at R57 and full target at R60
Trade active
So far not looking great on the long side as its making lower highs, R54 is still holding but a close below R53 means this idea is out the window and potentially a short could be in play.
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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.