Buy opportunity
Buy Signal:
Entry: Around $67.94 (current level) if bullish confirmation is observed, such as a strong candlestick reversal or increased volume near the support zone.
Target: $77.36 as the first target and $80.09 as the second target.
Stop-Loss: Below the support zone at $64.50 to minimize risk.
Risk/Reward Ratio:
Risk: ~$3.44 (entry at $67.94, stop-loss at $64.50).
Reward: ~$12.12 (target at $80.09).
Entry: Around $67.94 (current level) if bullish confirmation is observed, such as a strong candlestick reversal or increased volume near the support zone.
Target: $77.36 as the first target and $80.09 as the second target.
Stop-Loss: Below the support zone at $64.50 to minimize risk.
Risk/Reward Ratio:
Risk: ~$3.44 (entry at $67.94, stop-loss at $64.50).
Reward: ~$12.12 (target at $80.09).
GODO Capital Markets
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.