ID Parallel Channel: Huge Risk Reward
ID has been trading inside a parallel channel for well over a year. The channel got confirmed after the price bounced from the lower support at the start of August.
With a stop just below the August lows and a target at 2.50 we can construct a very strong trade with a high risk-reward. Naturally, this trade assumes that the bottom is in for now.
Risky, but the potential pay-off is huge.
With a stop just below the August lows and a target at 2.50 we can construct a very strong trade with a high risk-reward. Naturally, this trade assumes that the bottom is in for now.
Risky, but the potential pay-off is huge.
🎯Official Channel: t.me/FieryTradingChannel
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🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
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