Toyota Motor Corp.
Long
Mis à jour

Nice spot for buying Toyota

118
We use the previous resistance as support/hold the range between: 80.19$ – 78.30$

If we go lower as 75.96$ and closing the monthly candle below its more likely that we are going more downwards and testing 60.25$ and this needs to be hold for our longterm uptrend. Anyway we are trying to buy between 80.19$ – 78.30$ with an stop loss little bit below 75.96$. First take profit 89$ and second take profit: 94.89$.

What are you thinking about our trading idea? Your thoughts are always appreicate here.
Note
Monthly Chart:

We rejected two months ago pretty nice at 1.618 Fibonacci Retracement: 94.93$.
Our buy range is an 0.618 Fibonacci Retracement level: 79.18$ (80.19$ – 78.30$)

snapshot

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.