Observations:
Fundamentally decent. Now at a support Zone and bouncing. Wait for the entry to trigger. Could add small quantity for long term.
Entry Point:Marked at 741.40, indicating the suggested level to enter the trade.
Stop Loss (SL):Marked at 660, specifying the maximum acceptable loss for the trade.
Targets:T1: Around 902.35.
T2: Around 947.80.
These indicate the levels where you may consider booking profits.
⚠️We are trading against the trend. Please keep that in Mind. Risk management is the key.
This is not a financial advise. Chart shared only for educational purposes.
Potential Scenarios:
The price could:Move up toward the target levels (bullish scenario).
Revisit the stop-loss zone or continue downward (bearish scenario).
Strategy:
Bullish Outlook:If the price breaks above 741.40 with good volume, it could move toward the first target.
Bearish Outlook: If the price closes below the 660.00 stop-loss level, exit to prevent further losses.
Fundamentally decent. Now at a support Zone and bouncing. Wait for the entry to trigger. Could add small quantity for long term.
Entry Point:Marked at 741.40, indicating the suggested level to enter the trade.
Stop Loss (SL):Marked at 660, specifying the maximum acceptable loss for the trade.
Targets:T1: Around 902.35.
T2: Around 947.80.
These indicate the levels where you may consider booking profits.
⚠️We are trading against the trend. Please keep that in Mind. Risk management is the key.
This is not a financial advise. Chart shared only for educational purposes.
Potential Scenarios:
The price could:Move up toward the target levels (bullish scenario).
Revisit the stop-loss zone or continue downward (bearish scenario).
Strategy:
Bullish Outlook:If the price breaks above 741.40 with good volume, it could move toward the first target.
Bearish Outlook: If the price closes below the 660.00 stop-loss level, exit to prevent further losses.
Penerbitan berkaitan
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.
Penerbitan berkaitan
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.