Entering on the high of a prior 1 hour bar or directly at the POC line and then keeping the trailing stop below the low of prior day is my main setup for these kind of strong upmoving instrument.s
keep in mind for such momentum trade to place the breakeven stop after 1 hour as the trend might end soon.
keep in mind for such momentum trade to place the breakeven stop after 1 hour as the trend might end soon.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.