Weekly STOCH RSI triggered my interest in this one. Were siting nicely on top of the Weekly 200ma.
The Daily has collected the MA;s and looking perky. Still have some room in the MACD for this leg.
I'm treating the trade as a simple 382 - 618 trade for my RR from recent pull back.
Because of this i will break the norm and manage the trade in thirds. Usual 1/3 Trailing daily. 2nd trailing weekly. Final third taken off at 4.78.
Bit of a change from the usual style. Markets are tricky at present.
Lastly i may be getting into this one a bit early. May be a larger C leg to come.
The Daily has collected the MA;s and looking perky. Still have some room in the MACD for this leg.
I'm treating the trade as a simple 382 - 618 trade for my RR from recent pull back.
Because of this i will break the norm and manage the trade in thirds. Usual 1/3 Trailing daily. 2nd trailing weekly. Final third taken off at 4.78.
Bit of a change from the usual style. Markets are tricky at present.
Lastly i may be getting into this one a bit early. May be a larger C leg to come.
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.