Long on a breakout
Please see chart for details
Trade active
Note
Based on Stoch RSI, we see that we have now an uptrend. Once I saw the most recent downtrend was broken and we got a breakout I went long with two positions expecting to target at least previous high or next zone up.Trade closed: target reached
Target 1 Reached! I've moved my stops to a few pips profit for second position (i.e. break even)Note
Target 2 closed now as a break-even stop (made a few pips profit). Will look to re-enter this trade if it breaks above previous highs
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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.