As can be seen the automated alerts had fired a LONG. The best place to enter when such engulfing candles are the triggers, is on a pull back.
The trade idea which is the focus of this post is not one which the automated signal generation spot so precisely as can be done by eye. Currently this is kind of like an "Off menu" signal. So we need to set alerts and wait...
Trade idea
The idea is that after a CONFIRMED REVERSAL formation, which consists of a GREEN TRIANGLE following a YELLOW reversal candle, as is shown on the chart - then it may be a worth entering LIMIT LONG at the HIGH of the YELLOW, using the LOW of YELLOW as the STOP LOSS.
The trade idea which is the focus of this post is not one which the automated signal generation spot so precisely as can be done by eye. Currently this is kind of like an "Off menu" signal. So we need to set alerts and wait...
Trade idea
The idea is that after a CONFIRMED REVERSAL formation, which consists of a GREEN TRIANGLE following a YELLOW reversal candle, as is shown on the chart - then it may be a worth entering LIMIT LONG at the HIGH of the YELLOW, using the LOW of YELLOW as the STOP LOSS.
Dagangan ditutup: sasaran tercapai
Chart indicators and tools to trade trends & pivot breakouts in the crypto and forex markets! -- Discord Group: discord.gg/VaW9zG7n
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.
Chart indicators and tools to trade trends & pivot breakouts in the crypto and forex markets! -- Discord Group: discord.gg/VaW9zG7n
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.