We've got:
All in all pretty bullish - almost too good to be true. Maybe a couple of days before it breaks out, maybe sooner.
With today's pull back, it's possibly a good entry.
- A good series of up thrust days presenting a strong upward trend in progress
- A spike day on the 6th, suggesting a reverse in trend and a new relative bottom in place
- A cross over on the 10/20 moving averages
- A wide ranging day with a strong close (on an upthrust day!) further enforcing our trend
- and to top it all off - a classic flag pattern!
All in all pretty bullish - almost too good to be true. Maybe a couple of days before it breaks out, maybe sooner.
With today's pull back, it's possibly a good entry.
Nota
Uhm. A little premature - should have waited for the bar to close and bought at around todays open :-) Retrospectively that was somewhat obvious, I blame lack of sleep - trade is still open and valid though, just would have been nice to squeeze a few extra % from it.Nota
A little spooked by the failed break out and the potential formation of a down thrust day on today's candle/bar - but keeping my long open for now, with a keen eye out for any downside risk.Should this break down entirely - I'll be looking at potentially reversing this position.
Have moved the flag around a bit, technically probably not really valid now, but I'll stand by it until the lower 'trend line' breaks down (or not)
Dagangan ditutup: hentian tercapai
Yesterday's spike down hit my stop.Given the failed break up-wards and the subsequent break-down, I will be considering reversing this position to a short depending on where today's candle closes.
Such is life!
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.