Live Cattle Futures is probably an asset that you have never looked at and never thought to trade.
However, it has been in it's own bull market for the past 3 years!
Having said that, now the chart is showing clear weakness and giving us the perfect entry to the trade with an incredibly low risk and high potential reward. Hitting the first tp would keep it in it's bull run and give it the much needed pullback it needs, hence I feel that it is a great opportunity.
As it is an incredibly bullish asset, I am taking 50% profit at the first tp, then 25% on the 2nd and 25% on the 3rd.
However, it has been in it's own bull market for the past 3 years!
Having said that, now the chart is showing clear weakness and giving us the perfect entry to the trade with an incredibly low risk and high potential reward. Hitting the first tp would keep it in it's bull run and give it the much needed pullback it needs, hence I feel that it is a great opportunity.
As it is an incredibly bullish asset, I am taking 50% profit at the first tp, then 25% on the 2nd and 25% on the 3rd.
노트
Still well in this trade
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.