Benny's true sexy lesson in counter trend....
Now, looky looky here.
We see price has blasted through recent outside returns/ structure, and I'm starting to form a bearish bias on the hourly. The most recent pop affords us an opportunity to hop on the way down.
What was frustrating was, I couldn't get my stops above the recent swing without blowing up my maximum risk on the trade. I elected to employ a 2 ATR stop above the tip of structure at the left leg of the Double top where RSI originally went overbought. I will roll my fib targets if we go higher.
Benny Manieri
We see price has blasted through recent outside returns/ structure, and I'm starting to form a bearish bias on the hourly. The most recent pop affords us an opportunity to hop on the way down.
What was frustrating was, I couldn't get my stops above the recent swing without blowing up my maximum risk on the trade. I elected to employ a 2 ATR stop above the tip of structure at the left leg of the Double top where RSI originally went overbought. I will roll my fib targets if we go higher.
Benny Manieri
交易進行
Currently short交易進行
We broke structure to the upside, so I'm adjusting targets by rolling my fibs. This increases win percentage but frigs up the original forecasted risk/reward profile. Target one is at the .382 retracement, about 103.952.
Target two is now at the .618 retracement, about 103.414
交易結束：達到停損點
Hit our stops. Name of the game folks. Until next time.....
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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。