Price has revisited the strong resistance trendline on the daily time frame and has rejected it, entered an impulse sell as the price started to sell off, sold early without a retest only because the price may not retest this trend line or zone again. Remember to set the SL to BE when partial profits are booked at TP #1 and TP #2.
Not a trade signal.
Not a trade signal.
Note
TP #1 has been hit, 50% of partials have been secured.SL has been set to BE to avoid invalidating this trade.
Note
Price has hit BE and closed the trade after 50% of profits were secured at TP #1. Once again, a profitable trade.
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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.