The FRA40 index is approaching its all-time high. There is no doubt that this price level is strong and will serve as strong support for the bears. But sooner or later persistent bulls breakthrough such levels. You can enter the market when this level is broken out with a small stop loss and add to the already profitable position, if possible.
Order Type: Pending Order - Buy Stop
Entry Price: 6120.00
Take Profit: 6190.00
Pips Earning: 70
Stop Loss: 6100.00
Pips Risk: -20
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