Good evening,
I haven't written anything for a long time. Taking a break from the market. I hope everyone aired at around 2000 and not badearned. Perhaps this opportunity will once again present itself.
The chart is likely forming a channel with a lower boundary of 1450 and an upper boundary of 1720.
The reaction of buyers from the level of 1350 is also visible,which is not surprising. After all, there was a lot of trading in January, and this is also the 38th fiba level, if you stretch it from the beginning of growth last year (from about $300) to the peak of February.
There is really nothing to invent here. We are still in a bull market. The stock market is growing. Oil is growing. Everything grows. So we consider only longs.
The ideal option is to gain a position from 1450, with a stop at 1300. The goals of the movement will be the upper limit of the range 1720 and then 1900-2000. The risk per transaction is 3 percent of the deposit.
For myself, I am considering just such a plan.
My telegram channel, if you are interested: https://t.me/AVATrading_Public
All good evening.
