There seems to be a time preference for these Dorito wedge pattern breakouts, between 11pm and 2 am London time. Curious.
About 15% of the time the breakout happens at 10am - 12 am London time. London stock market open and Tokyo open posibly.
Whatever it is it's somewhat significant.
Target is on the chart but I'll probably close in a few hours, maybe 6. If price retraces back to my entry I have a break even stop loss.
Breakout should run for a few hours though until they settle. Closing partial position is a good idea when price breaks the 25 MA in the ribbon.
About 15% of the time the breakout happens at 10am - 12 am London time. London stock market open and Tokyo open posibly.
Whatever it is it's somewhat significant.
Target is on the chart but I'll probably close in a few hours, maybe 6. If price retraces back to my entry I have a break even stop loss.
Breakout should run for a few hours though until they settle. Closing partial position is a good idea when price breaks the 25 MA in the ribbon.
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.