Trade Idea: ULVR – Bounce Trade

Bounce Trade

Classic Bounce Trade setup on ULVR. Lovely bullish reversal candle on the well established 2750 support line and with trend. If this setup fails its a ‘fair cop’ as these sorts of setups don’t get more perfect than this (famous last words of course!)

  • Entry: Go long now
  • Stop Loss: Beneath support around 2729p
  • Target: The prior swing high at 2970p

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