Tomasgei

Macys 👗 testing demand zone: Nice long setup 🤩

Largo
NYSE:M   Macy's Inc
Hi guys,
i have another interesting trade on M .Its in pretty strong trend in daily and weekly timeframe too. Its testing weekly demand zone after correction last week. 14.17 - 15.30 its nice entry point to catch continuation of this strong uptrend. My target is near 0.786 fibbo level, there is strong supply zone in weekly timeframe.

Here is my setup:

------------------------Trade setup ---------------------------
Entry: 15.30
Stop Loss: 13.28
Profit target: 21.54
------------------------------------------------------------------

If you like the idea, do not forget to support with a 👍 like and follow.
Leave a comment that is helpful or encouraging. Let's master the markets together.

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.