Bullish divergence SYY (Sysco) on Weekly, including buy trigger
Nice bullish divergence on weekly, on in fact all indicators I tend to use:
EFI, MACD-H, MACD lines, ATR channel divergence, EFI ATR channel divergence
Buy trigger bar, after latest red bar, price went down after open and then close way above, which is a bullish trigger
R/R:
TP1: 1:2. (1 ATR)
TP2: 1:3,2 (2 ATR)
E: 72.76
SL: 69.71
TP1: 78.87
TP2: 82.49
Entry strategy:
50% right away, 50% later on a 1st HL
trade number: #2023004
Current Trade score 0/1: 0%
(Total trades: 4, Closed: 1)
EFI, MACD-H, MACD lines, ATR channel divergence, EFI ATR channel divergence
Buy trigger bar, after latest red bar, price went down after open and then close way above, which is a bullish trigger
R/R:
TP1: 1:2. (1 ATR)
TP2: 1:3,2 (2 ATR)
E: 72.76
SL: 69.71
TP1: 78.87
TP2: 82.49
Entry strategy:
50% right away, 50% later on a 1st HL
trade number: #2023004
Current Trade score 0/1: 0%
(Total trades: 4, Closed: 1)