TIPS MUSIC LTDLong
Tips is at a Support Level. Watch for long opportunities.
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.
Publications connexes
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.
Publications connexes
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.