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
註釋
Love that after hour price action!交易結束：目標達成
Target #1 reached and then someTarget #1: 42.96, +22.90%, 4.25 RR ratio
交易進行
trade still active for target #2Target #2: 38.67, +30.6%, 5.68 RR ratio
交易結束：目標達成
Target #2: 38.67, +30.6%, 5.68 RR ratio
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