CHR has seen an amazing run up in the last two months. Since hitting a new ATH the 13rd, the price fell after a much-needed corrction.
After a more than 50% dump over the last week, it appears that the price has found a strong support in the bottom trend line of the triangle drawn on the chart. This trade is based on the idea that the price will soon break-out on top and continue its way up from there, making up for lost ground.
๐ก ENTRY: 0.42
๐ด STOP-LOSS: 0.38
๐ข TARGET 1: 0.47
๐ข TARGET 2: 0.55
Happy trading!
After a more than 50% dump over the last week, it appears that the price has found a strong support in the bottom trend line of the triangle drawn on the chart. This trade is based on the idea that the price will soon break-out on top and continue its way up from there, making up for lost ground.
๐ก ENTRY: 0.42
๐ด STOP-LOSS: 0.38
๐ข TARGET 1: 0.47
๐ข TARGET 2: 0.55
Happy trading!
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๐Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
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๐ฅPremium Signals: www.fierytrading.com
