Gray Zone: Acts as a support area where buyers are likely stepping in.
Target Levels:
Price may aim for the red resistance zone at the top, a previous key level of interest.
Risk-Reward: A stop-loss would typically be placed below the support zone, while the take-profit targets are aligned with the upper resistance.
Target Levels:
Price may aim for the red resistance zone at the top, a previous key level of interest.
Risk-Reward: A stop-loss would typically be placed below the support zone, while the take-profit targets are aligned with the upper resistance.
Note
buy zone 2744 to 2746 sl 2738
tp later
take small risk
Trade active
Trade closed: target reached
running 100 pips in profit can close half here and set breakevenNote
100 pips hal;f closed then break ven hit and full target hit
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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.