Updated Long Position Setup:
Based on an **entry level of $7.79 B**, here is the revised long position strategy:
**Key Levels for Long Position:**
1. **Entry Point:**
Enter a **long position** at **$7.79 B** (current price or confirmed breakout above).
2. **Stop Loss (SL):**
Place your **stop loss** below the recent support or lower trendline at **$7.32 B** to manage risk effectively.
3. **Take Profit (Targets):**
- **Target 1 (T1):** **$8.27 B** (immediate resistance level).
- **Target 2 (T2):** **$8.98 B** (potential breakout level above resistance).
**Trade Management:
- Monitor the breakout carefully; confirmation occurs if the price closes above **$7.79 B** with increased volume.
- Once the price hits **$8.27 B**, adjust your stop loss to **breakeven ($7.79 B)** to secure the trade.
- If momentum is strong, aim for the second target at **$8.98 B**, locking in partial profits along the way.
Based on an **entry level of $7.79 B**, here is the revised long position strategy:
**Key Levels for Long Position:**
1. **Entry Point:**
Enter a **long position** at **$7.79 B** (current price or confirmed breakout above).
2. **Stop Loss (SL):**
Place your **stop loss** below the recent support or lower trendline at **$7.32 B** to manage risk effectively.
3. **Take Profit (Targets):**
- **Target 1 (T1):** **$8.27 B** (immediate resistance level).
- **Target 2 (T2):** **$8.98 B** (potential breakout level above resistance).
**Trade Management:
- Monitor the breakout carefully; confirmation occurs if the price closes above **$7.79 B** with increased volume.
- Once the price hits **$8.27 B**, adjust your stop loss to **breakeven ($7.79 B)** to secure the trade.
- If momentum is strong, aim for the second target at **$8.98 B**, locking in partial profits along the way.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.