YM Long Trade Setup
Long Trade Setup:
Entry: Look for a break above the recent consolidation high, around 39,560. If the price breaks above this level with strong volume, it could indicate a bullish move.
Stop-Loss: Place the stop-loss slightly below the consolidation low or a recent support level, around 39,425. This helps protect against a false breakout.
Target: Set the initial target at the recent high of around 39,850, with a potential to extend to higher levels if the bullish momentum continues.
Entry: Look for a break above the recent consolidation high, around 39,560. If the price breaks above this level with strong volume, it could indicate a bullish move.
Stop-Loss: Place the stop-loss slightly below the consolidation low or a recent support level, around 39,425. This helps protect against a false breakout.
Target: Set the initial target at the recent high of around 39,850, with a potential to extend to higher levels if the bullish momentum continues.
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