MCL is in an uptrend in 4hr chart. Price is having hard time breaking the TL. But it broke the high volume DZ that has confluence with the 4hr 21 EMA. The drop from the SZ is more than twice of the zone width. Risk= $250. Target= 1:1 and 3:1.
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.