TIPS MUSIC LTDלונג
Tips is at a Support Level. Watch for long opportunities.
Observations:
Fundamentally decent. Now at a support Zone and bouncing. Wait for the entry to trigger. Could add small quantity for long term.
Entry Point:Marked at 741.40, indicating the suggested level to enter the trade.
Stop Loss (SL):Marked at 660, specifying the maximum acceptable loss for the trade.
Targets:T1: Around 902.35.
T2: Around 947.80.
These indicate the levels where you may consider booking profits.
⚠️We are trading against the trend. Please keep that in Mind. Risk management is the key.
This is not a financial advise. Chart shared only for educational purposes.
Potential Scenarios:
The price could:Move up toward the target levels (bullish scenario).
Revisit the stop-loss zone or continue downward (bearish scenario).
Strategy:
Bullish Outlook:If the price breaks above 741.40 with good volume, it could move toward the first target.
Bearish Outlook: If the price closes below the 660.00 stop-loss level, exit to prevent further losses.
Fundamentally decent. Now at a support Zone and bouncing. Wait for the entry to trigger. Could add small quantity for long term.
Entry Point:Marked at 741.40, indicating the suggested level to enter the trade.
Stop Loss (SL):Marked at 660, specifying the maximum acceptable loss for the trade.
Targets:T1: Around 902.35.
T2: Around 947.80.
These indicate the levels where you may consider booking profits.
⚠️We are trading against the trend. Please keep that in Mind. Risk management is the key.
This is not a financial advise. Chart shared only for educational purposes.
Potential Scenarios:
The price could:Move up toward the target levels (bullish scenario).
Revisit the stop-loss zone or continue downward (bearish scenario).
Strategy:
Bullish Outlook:If the price breaks above 741.40 with good volume, it could move toward the first target.
Bearish Outlook: If the price closes below the 660.00 stop-loss level, exit to prevent further losses.
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