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freddie1996
12 lut 2024 16:43

1:13 RR Long Trade - Bullish Long

SSE Composite IndexSSE

Opis

Targeting the all time highs as a minimum.

It should well exceed this long term so the 1:13 risk to reward ratio is a conservative estimate.

I'm not sure how long this move will take, but I do not see the price breaking below that orange zone again on daily closing basis.

The line forecasts (orange and green) are very rough approximations of how I expect this to unfold.

There are monthly cycles approximately every 60 months on average.

So the next cycle low is expect to come in 60 months time.
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