The Setup
The Long-term(M) chart is in an downtrend
The current-term(W) chart is in new formed uptrend
The small-term(D) chart used to ENTER and EXIT
The odd Enhancers
- the ENTER was in the DZ (demand zone) of the (W) chart Higher Low uptrend.
- tight STP loss
- if the DZ holds there is room for profit to run
The trade followed all the rules the ENTER and the EXIT or STP-Loss is calculated with a good Reward to Loss ratio.
The DZ did not hold on a bearish day and a close in the (D) day chart below the DZ, triggered my STP LOSS
I See the long-term(M) monthly chart is already in a technical downtrend. the Weekly Chart (W) did not break the (M) downtrend. By breaking the Demand zone, the Weekly chart is technically in a downtrend. Looking for opportunities to short
The Long-term(M) chart is in an downtrend
The current-term(W) chart is in new formed uptrend
The small-term(D) chart used to ENTER and EXIT
The odd Enhancers
- the ENTER was in the DZ (demand zone) of the (W) chart Higher Low uptrend.
- tight STP loss
- if the DZ holds there is room for profit to run
The trade followed all the rules the ENTER and the EXIT or STP-Loss is calculated with a good Reward to Loss ratio.
The DZ did not hold on a bearish day and a close in the (D) day chart below the DZ, triggered my STP LOSS
I See the long-term(M) monthly chart is already in a technical downtrend. the Weekly Chart (W) did not break the (M) downtrend. By breaking the Demand zone, the Weekly chart is technically in a downtrend. Looking for opportunities to short
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.