This trade here was a 4:1 trade idea we had.
Today is Thursday and we saw the market trade higher and take BSL. On the Daily chart we see a major Bearish Engulfing candle, we also had the blue are which is a previous bearish OB that was used as support previously and then was broken -- I then expected this area to be used as resistance.
We then saw the Breaker block created within this Blue OB area which conveniently enough was also near/within the Daily Gap high and Low.
Taking the fib from high to low we entered at exactly 0.618 for the sell after the 3 candle confirmation.
Today is Thursday and we saw the market trade higher and take BSL. On the Daily chart we see a major Bearish Engulfing candle, we also had the blue are which is a previous bearish OB that was used as support previously and then was broken -- I then expected this area to be used as resistance.
We then saw the Breaker block created within this Blue OB area which conveniently enough was also near/within the Daily Gap high and Low.
Taking the fib from high to low we entered at exactly 0.618 for the sell after the 3 candle confirmation.
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.