• MGL was consolidating in a tight range for the last 7 months.
• It has formed a rising wedge.
• Last 1 months showing significant volume buildup confirming big boys already entered in the trade.
• Today it broke out the wedge with significant volume and strong hourly closing.
• A massive 480 points move is possible in positional bases.
• All the T1 (gap border 1689) and T2 (1986) mentioned in the chart.
• SL for position should be 1425.
• Currently a RR opportunity of 1:5.
• Please note the daily candle yet not closed. Wait for a daily candle closure and make a decision.
• Idea is for educational purpose and explore the price action learning with trading psychology.
• Have fun traders!!! 😊
• It has formed a rising wedge.
• Last 1 months showing significant volume buildup confirming big boys already entered in the trade.
• Today it broke out the wedge with significant volume and strong hourly closing.
• A massive 480 points move is possible in positional bases.
• All the T1 (gap border 1689) and T2 (1986) mentioned in the chart.
• SL for position should be 1425.
• Currently a RR opportunity of 1:5.
• Please note the daily candle yet not closed. Wait for a daily candle closure and make a decision.
• Idea is for educational purpose and explore the price action learning with trading psychology.
• Have fun traders!!! 😊
Trade ativo
Day candle closed above psychological level 1500. Trade activated. 
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.