I programmed a strategy that sents an alert when price moves above prior days high (high had to be lower than prior days high), then usually on a pullback an entry can be made.
Target for such plays is prior days high.
I will try to post these kind of high reward/risk plays in the futures.
Its still in development and only works in current strong uptrending markets...
Please let me know if you see it completly different (then entering on a new lower low on the daily chart is also a valid entry :-)
Target for such plays is prior days high.
I will try to post these kind of high reward/risk plays in the futures.
Its still in development and only works in current strong uptrending markets...
Please let me know if you see it completly different (then entering on a new lower low on the daily chart is also a valid entry :-)
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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.