GOODYEAR | Daily Chart | Golden ratio pullback

Aggiornato
Chart analysis:
Pattern: Symmetric triangle pattern BO happened and re-testing of BO is happening.
Breakout: BO of 1.5 years trend line and support is taken at 0.618 which is Golden Ratio.
Volume: Volume action is clearly visible near breakout zone.

Trade setup:
Entry price: Close of 1400 price break candle.
Stop loss: Below 1320.
Target 1: 1512.5
Target 2: 1623.8

Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades
Trade attivo
Price closes above on 1-Feb-2024.
Trade setup is active now.

Trade setup:
Entry price: Close of 1400 price break candle.
Stop loss: Below 1320
Target 1: 1512.5
Target 2: 1623.8

Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades
Nota
Gravestone Doji is formed and stock is still in uptrend.
Trade chiuso: stop raggiunto
breakoutbreakouttradingChart PatternsFibonacci ExtensionfibonaccigoldenratiogoldenratiopriceactionretestingSymmetrical TriangleTrend Analysisvolumeanalysis

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