TITAN broke out of long term resistance
TITAN formed broadening wedge pattern on daily chart. Price broke out of resistance line today with strong bullishness. Entering at this level offers ideal risk reward of 1:5. I really like when risk is low like this one. Always I try to keep the risk at less than 5%. One can move the target as price moves in favour. Stop loss can be held just below previous swing low which is not far away.
Hope you like this idea. If so, please boost this idea or leave a comment below on what you think. Otherwise, happy trading :-).
Hope you like this idea. If so, please boost this idea or leave a comment below on what you think. Otherwise, happy trading :-).
"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." — George Soros
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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.
"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." — George Soros
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.