Asset and Time frame -PEP, DAILY
Entry Price -176.14
Exit(Stop Loss) -188.41
Exit(Take Profit) -35.53
Price has been going upwards in an ascending tunnel for a while and now reached the bottom of it, usually, the price action like making a false break and then coming back up within the confines of the tunnel, there is divergence in the RSI, and additionally price has reached the Weekly 100MA,
Good luck
Entry Price -176.14
Exit(Stop Loss) -188.41
Exit(Take Profit) -35.53
Price has been going upwards in an ascending tunnel for a while and now reached the bottom of it, usually, the price action like making a false break and then coming back up within the confines of the tunnel, there is divergence in the RSI, and additionally price has reached the Weekly 100MA,
Good luck
Note
Weekly chart Trade closed: stop reached
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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.
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.