Singkat
NZD Futures: Bearish Shark & Double Top w/ Divergence
I just entered right now at .0742 for the completed Shark pattern. Price seems to be stalling in this area and there is bearish divergence present on both the RSI and AO. The hourly AO just turned red as well for a little extra confluence.
I am only risking ~10 pips on this first try and targeting 0.6927 for a potential bullish 5-0 pattern. As per my strategy when I am up ~10 pips (equal to the risk) I will move to breakeven/cover costs and see what happens.
I am only risking ~10 pips on this first try and targeting 0.6927 for a potential bullish 5-0 pattern. As per my strategy when I am up ~10 pips (equal to the risk) I will move to breakeven/cover costs and see what happens.
Nota
On 1 minute chart (time is 10:06) the price just spiked back up to .7043 (previous high) and immediately dropped back down 8 pips. I am happy I decided to be patient in moving the stops this time. The price has now dropped to .703, and I am moving my stops to cover costs @ 0.7041Nota
Prepared to see something like this before the completion of the 5-0...will do my best to watch and if price aggressively breaks the channel to the upside I will likely cover my short and look to re-short higher.
If I am sleeping and this happens I will just let it ride as the stop is already covering costs :)
Dagangan ditutup: hentian tercapai
Stopped out at breakeven once again :/
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.