A bit late with this analysis, but I'm long on a hammer. Not the best hammer but with a good trend.
1st target at around 1,5R, move SL to BE.
2nd target at next major resistance level.
Total of 2,25R
1st target at around 1,5R, move SL to BE.
2nd target at next major resistance level.
Total of 2,25R
Note
First target hit, SL moved to BE.
“A prudent speculator never argues with the tape. Markets are never wrong, opinions often are.” – Jesse Livermore
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“A prudent speculator never argues with the tape. Markets are never wrong, opinions often are.” – Jesse Livermore
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.