UNITED TRACTORSLong
UNTR Buy Setup
1. Trend Confirmation:
Identified a Flag Pattern Consolidation after a bull, indicating a continuation in bullish market sentiment.
2. Fair Value Gap (FVG):
On the Daily chart, identified Fair Value Gap between 25.400 - 26.125
3. Trade Execution
Entry Price: 26.550 ( Engulfing Candle on 15 Nov 24)
SL: 25.300 (below FVG)
TP1: 31.500 (Previous High)
Risk-Reward Ratio (RRR): 1 : 4
Monitoring: Check-in daily closing price
4. Outcome:
Exit Price:
Profit/Loss: pips
-------------
Disclaimer
The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Identified a Flag Pattern Consolidation after a bull, indicating a continuation in bullish market sentiment.
2. Fair Value Gap (FVG):
On the Daily chart, identified Fair Value Gap between 25.400 - 26.125
3. Trade Execution
Entry Price: 26.550 ( Engulfing Candle on 15 Nov 24)
SL: 25.300 (below FVG)
TP1: 31.500 (Previous High)
Risk-Reward Ratio (RRR): 1 : 4
Monitoring: Check-in daily closing price
4. Outcome:
Exit Price:
Profit/Loss: pips
-------------
Disclaimer
The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
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.