Hello, Traders!
BAL is testing the upper bound of the consolidation range with a level of $13.24.
MA100 on the 1D timeframe acts as a dynamic support.
Entry into the position could be interesting in the range of $13.24-13.68 after retesting of the level of $13.24 with the upward trend.
We can set SL under $12.20
Target price levels:
$16.06
$18.84
$23.55
Good luck and watch out for the market.
P.S. This is not a piece of financial advice, but only a trade i would be following myself
BAL is testing the upper bound of the consolidation range with a level of $13.24.
MA100 on the 1D timeframe acts as a dynamic support.
Entry into the position could be interesting in the range of $13.24-13.68 after retesting of the level of $13.24 with the upward trend.
We can set SL under $12.20
Target price levels:
$16.06
$18.84
$23.55
Good luck and watch out for the market.
P.S. This is not a piece of financial advice, but only a trade i would be following myself