This pattern will be in trading books next to Wyckoff's (jk lol)
buy: 0.50~0.55
target1: 0.615
mid channel. you can move your SL to entry at this point
target2: 0.723
upper band. take out half position here
target3: 1.11
first dead cat bounce top. here most spot buyers that got trapped will sell. don't risk your gains and close the position.
buy: 0.50~0.55
target1: 0.615
mid channel. you can move your SL to entry at this point
target2: 0.723
upper band. take out half position here
target3: 1.11
first dead cat bounce top. here most spot buyers that got trapped will sell. don't risk your gains and close the position.
Trade active:
a bit too harsh for a retest, but i'm in.
Comment:
target 2 was hit! that's the big one, congratulations my friends!!
Comment:
Trade closed: stop reached:
SL for the last 1/4 position hit. Excellent profit from this one.
Looking at the chart is hinting some opportunities for the near future, will post again soon if conditions are met.
see you soon
Looking at the chart is hinting some opportunities for the near future, will post again soon if conditions are met.
see you soon
you can move your SL to entry and enjoy the free ride