This is a weekly set-up.
Entry: now/ you can wait for the price action to break the trend line at point C and retest it before you enter.
Stop - loss: 115.00 (to give it enough room to breath)
Take profits: there are two TPs at the points Ds. I'd advice TP should be set at the bottom of the rectangle and not the top because of consolidation at first point D/exhaustion and deep retracement at the second point D before continuing upwards.
NOTE: price action may consolidate for a short/long time before continuing to the second TP..... BE PATIENT!!
LOT SIZE: please use a considerable small lot size in relative to your account i.e. 0.1 for a 1000£ account....
Entry: now/ you can wait for the price action to break the trend line at point C and retest it before you enter.
Stop - loss: 115.00 (to give it enough room to breath)
Take profits: there are two TPs at the points Ds. I'd advice TP should be set at the bottom of the rectangle and not the top because of consolidation at first point D/exhaustion and deep retracement at the second point D before continuing upwards.
NOTE: price action may consolidate for a short/long time before continuing to the second TP..... BE PATIENT!!
LOT SIZE: please use a considerable small lot size in relative to your account i.e. 0.1 for a 1000£ account....
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.