5/8/25 - UL: new SELL mechanical trading signal.

5/8/25 - UL: new SELL signal chosen by a rules based, mechanical trading system.
UL - SELL SHORT
Stop Loss @ 65.43
Entry SELL SHORT @ 62.58
Target Profit @ 56.37
Analysis:
Higher timeframe: Prices have stayed below the upper channel line of the ATR (Average True Range) Keltner Channel and reversed.
Higher timeframe: Victor Sperandeo's (Trader Vic) classic 1-2-3/2B SELL pattern...where the current highest top breakout price is less or only slightly peaking higher than the preceding top price.
UL - SELL SHORT
Stop Loss @ 65.43
Entry SELL SHORT @ 62.58
Target Profit @ 56.37
Analysis:
Higher timeframe: Prices have stayed below the upper channel line of the ATR (Average True Range) Keltner Channel and reversed.
Higher timeframe: Victor Sperandeo's (Trader Vic) classic 1-2-3/2B SELL pattern...where the current highest top breakout price is less or only slightly peaking higher than the preceding top price.
Dagangan aktif
I really didn't feel good about this trade and so I went back looked at my original scan....this did not completely meet my criteria for a short trade but since I'm in it already, lets see how it goesPenafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.