NET, 2024-06-25, Long
Updated
Context:
---
---
Expected RR (at full) 7.18
---
Notes:
- Weekly - Support zone @ 66.24/61.34
- Daily - Trend line break; Retracement back to "First Red"/Window
- 1h - BOS; Gap as entry/stop range (Using the last pivot point as the max stop range since the gap is a bit tight)
---
- Main Target - Weekly Resistance @ 95.68
- Breakeven stop @ 84.03
- 2/3s out @ 85.93 (Fin ext. 0.618)
---
Expected RR (at full) 7.18
---
Notes:
- There might be some static as we enter the 83.00 area.
Comment
Breakeven stop @ 84.03 touched; Moving stops to breakeven.Comment
2/3s out @ 85.93.Remaining position will be AON against breakeven and the main target.
Prices are moving into a possible weekly zone @ 82.83/89.90, will look for an early exit if a reverse formation starts to form.
Trade closed manually
Remaining position closed at breakeven (yesterday)
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.