Buy Opportunity
Trade Setup: Long (Buy)
Entry Price:
158.661 (current price level)
Take-Profit (Target):
164.850 (upper resistance zone with a potential gain of 3.9%)
Stop-Loss:
156.112 (below the marked support zone to protect against downside risk)
Risk-Reward Ratio (RRR):
Approx. 1:2.4 (favorable for a long trade)
Position Details:
Reason for Entry:
Price action suggests a reversal near the support zone, with bullish momentum building.
Momentum indicator (Squeeze Momentum) shows a potential upward shift.
Price is within a retracement, and the upside target aligns with resistance at 164.850.
Stop-Loss Justification:
Placed below the strong support at 156.112 to allow for minor fluctuations.
Take-Profit Justification:
Key resistance level at 164.850 aligns with the previous high and projected bullish trajectory.
Entry Price:
158.661 (current price level)
Take-Profit (Target):
164.850 (upper resistance zone with a potential gain of 3.9%)
Stop-Loss:
156.112 (below the marked support zone to protect against downside risk)
Risk-Reward Ratio (RRR):
Approx. 1:2.4 (favorable for a long trade)
Position Details:
Reason for Entry:
Price action suggests a reversal near the support zone, with bullish momentum building.
Momentum indicator (Squeeze Momentum) shows a potential upward shift.
Price is within a retracement, and the upside target aligns with resistance at 164.850.
Stop-Loss Justification:
Placed below the strong support at 156.112 to allow for minor fluctuations.
Take-Profit Justification:
Key resistance level at 164.850 aligns with the previous high and projected bullish trajectory.
GODO Capital Markets
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
GODO Capital Markets
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.