What the chart is showing us is a rounding pattern, indicating that the uptrend is gradually weakening.
If the support breaks, after a pullback it will provide a good trigger for a short position.
Once the trade reaches TP1, we should definitely take partial profit and move to risk-free mode — that way we can comfortably keep the position open for lower targets while staying protected from a fake drop.
If the support breaks, after a pullback it will provide a good trigger for a short position.
Once the trade reaches TP1, we should definitely take partial profit and move to risk-free mode — that way we can comfortably keep the position open for lower targets while staying protected from a fake drop.
Pernyataan Penyangkalan
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Pernyataan Penyangkalan
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.