UPs has been on a monster roll throughout the pandemic and is current;y trading in this channel. Holiday season is approaching and UPS will play a role in how vaccines are shipped around the country. I am currently looking for buys and see a possible setup for tomorrow.
I would like to see Price action as UPS approaches its 50EMA on the 4HR chart. I like the RR of this trade.
Possibilities:
If UPS gaps up I may not enter the trade depending on how far it is from entry. Will wait for retest of key level.
If it gaps down I will wait for price action to cross my demand area upwards.
Exit: I will abandon this trade if it breaks and hold below the 50EMA on higher time frame.
*This is not financial advice. I am not a advisor.
I would like to see Price action as UPS approaches its 50EMA on the 4HR chart. I like the RR of this trade.
Possibilities:
If UPS gaps up I may not enter the trade depending on how far it is from entry. Will wait for retest of key level.
If it gaps down I will wait for price action to cross my demand area upwards.
Exit: I will abandon this trade if it breaks and hold below the 50EMA on higher time frame.
*This is not financial advice. I am not a advisor.
Dagangan aktif
I entered a starter position earlier in the day. Going to hold this one for a potential swing.Nota
I added to my position yesterday off of more rejection.
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.