jurejepabk

Long trading the correction of a long term move

Panjang
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FX:US30   Dow Jones Industrial Average Index
Long term orderflow suggests a deep correction.
H4 time frame gives us a good perspective of swing setups.
Whit correction trading we always have to be alert and on our toes, because you never know for sure where will the market pivot. Probabilities are weaker, but some times the short and long term orderflow gives us a set up we just cant ignore
Entry at: 24388
SL at: 23990
Initial target at: 24795 (but we could see price get to the area of 25000
Dagangan aktif:
Target moved to stage 3 structure
Protective stop moved to BE+34
Dagangan aktif:
Secured 73 points
Dagangan aktif:
Price reached 61.8%. Getting aggressive with trail stop, we must not forget we are still trading the correction.
SL set to 364+
Dagangan aktif:
Stop moved to 402+ points
Dagangan ditutup: hentian tercapai:
Trail stop took us out.
Now time to wait for the setup to sell it back down.

Penafian

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