Trade Plan For 22nd July, 2022
‘Been taking buys for a while now even with the bearish divergence on all time-frames including the HTFs. I know that the trend is my friend and divergences don't always mean reversals sometimes they are just pullbacks or a pause in the current trend. A divergence only makes sense if the next high or low is a "change in structure".. So with that being said, I'm still looking for longs because the HHs and HLs have been constant. (look at chart) The daily TF upside down is: a bearish divergence with a double top, and lower highs which is a strong trend. I have an open-mind though but for now, I'm going with the current trend till it changes..🎯
A Daily Reminder:
avoid imbalances—HH and LLs or LH and HLs.
P.S: Strategy— structures, divergence & trends
Triggers— LHs & HLs
My disclaimer:
Past profits do not predict future earnings. Risk only 1% on your account. Low risk only!
‘Been taking buys for a while now even with the bearish divergence on all time-frames including the HTFs. I know that the trend is my friend and divergences don't always mean reversals sometimes they are just pullbacks or a pause in the current trend. A divergence only makes sense if the next high or low is a "change in structure".. So with that being said, I'm still looking for longs because the HHs and HLs have been constant. (look at chart) The daily TF upside down is: a bearish divergence with a double top, and lower highs which is a strong trend. I have an open-mind though but for now, I'm going with the current trend till it changes..🎯
A Daily Reminder:
avoid imbalances—HH and LLs or LH and HLs.
P.S: Strategy— structures, divergence & trends
Triggers— LHs & HLs
My disclaimer:
Past profits do not predict future earnings. Risk only 1% on your account. Low risk only!
Penerbitan berkaitan
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.
Penerbitan berkaitan
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.