AAL - Double bullish missing right shoulder divergence on Daily
Long trade on American Airlines group
Double Missing Right Shoulder Divergence
On the weekly The impulse is yellow and allows the trade
On the daily I see a bullish double missing right shoulder divergence, Stochastic RSI curling up on the daily, prices also diverging with MACD lines and EFI.
On the 4H Timeframe Thers is a triple bullish divergence as well, including MACD-lines and EFI divergence.
Stop loss is 2 ATR levels away on the 4H timeframe.
Entry 9.85
Target 1: 12.61
Target 2: 13.99
SL: 8.31
R/R ratio: 1:1.85 to 1:2.44
I had my entry on 9.82, but that was missed by 3 cents.
Let’s see if we can get in tomorrow.
Double Missing Right Shoulder Divergence
On the weekly The impulse is yellow and allows the trade
On the daily I see a bullish double missing right shoulder divergence, Stochastic RSI curling up on the daily, prices also diverging with MACD lines and EFI.
On the 4H Timeframe Thers is a triple bullish divergence as well, including MACD-lines and EFI divergence.
Stop loss is 2 ATR levels away on the 4H timeframe.
Entry 9.85
Target 1: 12.61
Target 2: 13.99
SL: 8.31
R/R ratio: 1:1.85 to 1:2.44
I had my entry on 9.82, but that was missed by 3 cents.
Let’s see if we can get in tomorrow.
Nota
toploss was hit. Yes. 8.31, and it went to 8.23. Can you believe it? As if it was hunting for it. Reentering again.Nota
Missed target by only 10 cents! Ah snap!Got out @ 12. Still 20% gain.
Dagangan ditutup: sasaran tercapai
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.