Dear all,
Here's a quick trade short term that could play out the next week. There was a huge sell off few weeks ago, so that enhances the probabilities for the pattern to play out.
PROS:
- European Central Bank just whispered (not official) that the the 12th of September they will announce new measures to enhance liquidity and that a possible escenario could be to start buying Equities from private companies in addition to the TLRO's already done with sovereign bonds.
-Volume divergence is clear enough during this sell off.
STRATEGY
Buy the upper part of this week's closing figure (green line, please do use a LIMIT ORDER) with stop loss (red line) and aim for a 10-11% target.
***NOT FINANCIAL ADVISE, JUST FOR EDUCATIONAL PURPOSES***
Here's a quick trade short term that could play out the next week. There was a huge sell off few weeks ago, so that enhances the probabilities for the pattern to play out.
PROS:
- European Central Bank just whispered (not official) that the the 12th of September they will announce new measures to enhance liquidity and that a possible escenario could be to start buying Equities from private companies in addition to the TLRO's already done with sovereign bonds.
-Volume divergence is clear enough during this sell off.
STRATEGY
Buy the upper part of this week's closing figure (green line, please do use a LIMIT ORDER) with stop loss (red line) and aim for a 10-11% target.
***NOT FINANCIAL ADVISE, JUST FOR EDUCATIONAL PURPOSES***
Trade active
Trade still not activated. Buy limit is at 0.7964.Regards,
Trade active
Trade activated. Good luckTrade closed: target reached
Target reached.11.38% profit.
Regards.
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.
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.