You can see on the chart three differents places where the price rejected the daily resistance. This resistance look strong to me so i am looking for a buy at this level and then follow my trading plan to trail my stop loss. I am looking to put my TP somewhere in the purple box.
Note
fake break out of resistance. Still longNote
still long for the purple boxNote
i keep my long position open
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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.