HTFs - the weekly structure shows a clear sideways channel with major highs broken and signs of a bearish reversal to downside. Now forming a continuation structure with a slight descending angle. Price action pretty clean with identifiable patterns |
LTFs - the angle is descending suggesting upside, but that's only part of the story. The structure is clear and there is a clue in the ascending running channel forming at the end of the pattern. Note, this also has a clear middle section increasing reliability of the pattern |
ENTRY - if price breaks that mini high correctively and rejects at the top of the running channel/larger descending structure, I'll be aggressive with my entry. If price is impulsive on approach to edge of structure or breaks structure, I'll wait for the market to show a signal it's turning bearish
LTFs - the angle is descending suggesting upside, but that's only part of the story. The structure is clear and there is a clue in the ascending running channel forming at the end of the pattern. Note, this also has a clear middle section increasing reliability of the pattern |
ENTRY - if price breaks that mini high correctively and rejects at the top of the running channel/larger descending structure, I'll be aggressive with my entry. If price is impulsive on approach to edge of structure or breaks structure, I'll wait for the market to show a signal it's turning bearish
Nota
Dagangan aktif
Stayed up through the night to monitor and enter this one. Planned trade, traded planNota
Scoping first scale inDagangan ditutup: hentian tercapai
Trailing stop hit for +1.15%. Didn't drop as thought it might but pleased with planning and exectuion
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.