Long based on flagpole length just happens to complete ABCD pattern.
Convert longs to shorts around .05 if this plays out.
Stoch turning up from oversold level and MACD likely to reverse at zero line.
A tight SL is appropriate in this situation
Convert longs to shorts around .05 if this plays out.
Stoch turning up from oversold level and MACD likely to reverse at zero line.
A tight SL is appropriate in this situation
Note
Trade active.Opened: .022
SL: .0195
Trade closed: stop reached
Stop hit, trade closed
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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.
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.