I'm expecting price to hold this current resistance on the 4H.
If price breaks above current resistance, then I will close these contracts for a loss and salvage what I can from the position.
My profit target is around $28.
So, why $28? Because price has already checked the $33 - $30 price level noted by the check mark. I think price could move lower to the next price level around $28 noted by the down arrow.
If price breaks above current resistance, then I will close these contracts for a loss and salvage what I can from the position.
My profit target is around $28.
So, why $28? Because price has already checked the $33 - $30 price level noted by the check mark. I think price could move lower to the next price level around $28 noted by the down arrow.
Nota
Price created a new resistance on the 4H.
If price closes above $35.47, then I will be exiting this position and salvaging what I can.
Dagangan ditutup secara manual
Price moved much higher above previous resistance. So, I closed the contracts for a loss. However, I was able to salvage some of the position.
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.