STRATEGY: S&R Trading Strategy
ID: 1209
1D Analysis
MS: Sideways - Price is moving in a range
1H Analysis:
CP: Ascending Channel - Price is moving inside the Ascending Channel. However, price failed to break above minor resistance of 140.597. It also looks like price made a pullback under the Ascending Channel.
Price closed with Bearish Engulfing which act as our Entry Trigger (ET).
Short Position
SL: Just above the Minor resistance (140.618)
TP: 2.19R - Just before Major Support
Note: This post is my personal journal/opinion only. Please trade at your own risk.
ID: 1209
- Analysis TF: 1D
- Focus TF: 1H
- AOV: Minor Resistance Area
- ET (1H): Bearish Engulfing
- CP: Ascending Channel
1D Analysis
MS: Sideways - Price is moving in a range
1H Analysis:
CP: Ascending Channel - Price is moving inside the Ascending Channel. However, price failed to break above minor resistance of 140.597. It also looks like price made a pullback under the Ascending Channel.
Price closed with Bearish Engulfing which act as our Entry Trigger (ET).
Short Position
SL: Just above the Minor resistance (140.618)
TP: 2.19R - Just before Major Support
Note: This post is my personal journal/opinion only. Please trade at your own risk.
交易進行
Price moved on our favor. Moved the SL to intentionally choke the price. Previous TP target might not get hit so I moved up the TP equal to the low of the latest pinbar as this is a sign of weakness. 交易進行
Also added Trailing Stop = to new SL just to make sure.交易結束：達到停損點
Closing: TS got hit. Excellent Trade though! Thank you Lord!
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。