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Live Cattle Long
Live Cattle has seen prices at a high of 127-130 over the last 3 years. Price has bottomed at the end of April 2020 and since been on the rise.
Looking for price to retrace back towards the prior swing high.
1. Enter - on next candle
2. Stop - around 98.35 ( 3 atr )
3. Target - around 115.50 ( .618 extension )
4. Risk Reward = 2.8
Looking for price to retrace back towards the prior swing high.
1. Enter - on next candle
2. Stop - around 98.35 ( 3 atr )
3. Target - around 115.50 ( .618 extension )
4. Risk Reward = 2.8
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