ZEEL Reversal from strong support
Whenever a stock is trading at strong support, there are high chances of a reversal, which gives us a great risk-reward (RR) opportunity.
In this case, the RR is 1:5 and can be trailed if the idea works out further.
For a successful breakdown(SL), we should ideally see a strong 1Month candle on our chart—it’s crucial to use that timeframe.
Following the breakdown, the ideal exit point would be after a consecutive candle that breaks below the breakdown candle
As always, remember to do your own research before making any investment decisions!
In this case, the RR is 1:5 and can be trailed if the idea works out further.
For a successful breakdown(SL), we should ideally see a strong 1Month candle on our chart—it’s crucial to use that timeframe.
Following the breakdown, the ideal exit point would be after a consecutive candle that breaks below the breakdown candle
As always, remember to do your own research before making any investment decisions!
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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.
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.