YUMC
YUM!
After running into major resistance level between Mar.’23 – May ’23, price has formed a Downtrend channel.
The 1st entry short entry was July’23. Price found itself at resistance level of channel with “over-bought” Stochastic reading. See #1.
Price now finds itself again at the channel’s resistance level with an “over-sold” stochastic reading. See #2. This is my que to enter trade short.
Entering trade short.
Entry: 55.72
Stop Loss: 58.72, -5.38%
Target #1: 48.20, +13.5%, 2.51 RR ratio
Target #2: 38.67, +30.6%, 5.68 RR ratio
YUM!
After running into major resistance level between Mar.’23 – May ’23, price has formed a Downtrend channel.
The 1st entry short entry was July’23. Price found itself at resistance level of channel with “over-bought” Stochastic reading. See #1.
Price now finds itself again at the channel’s resistance level with an “over-sold” stochastic reading. See #2. This is my que to enter trade short.
Entering trade short.
Entry: 55.72
Stop Loss: 58.72, -5.38%
Target #1: 48.20, +13.5%, 2.51 RR ratio
Target #2: 38.67, +30.6%, 5.68 RR ratio
Nota
Love that after hour price action!Dagangan ditutup: sasaran tercapai
Target #1 reached and then someTarget #1: 42.96, +22.90%, 4.25 RR ratio
Dagangan aktif
trade still active for target #2Target #2: 38.67, +30.6%, 5.68 RR ratio
Dagangan ditutup: sasaran tercapai
Target #2: 38.67, +30.6%, 5.68 RR ratio
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.