Trade Plan Inferred from Chart
This setup is based on a potential bounce from a retest of trendline support, aiming for a move toward resistance:
Long Position Idea:
Entry near: 0.64663
Stop Loss: Below trendline at 0.64188
Target: Upper resistance level at 0.66009
🔢 Risk-to-Reward Calculation:
Metric Value
Entry 0.64663
Stop Loss 0.64188 (47.5 pips)
Target 0.66009 (134.6 pips)
This setup is based on a potential bounce from a retest of trendline support, aiming for a move toward resistance:
Long Position Idea:
Entry near: 0.64663
Stop Loss: Below trendline at 0.64188
Target: Upper resistance level at 0.66009
🔢 Risk-to-Reward Calculation:
Metric Value
Entry 0.64663
Stop Loss 0.64188 (47.5 pips)
Target 0.66009 (134.6 pips)
Disclaimer
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.
Disclaimer
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.