Turtle soup pattern.
Just stopped out of first attempt.
Ready for another SL on this attempt.
Will fire again, with failure on upper trendline.
Any break above upper trendline.
should be a parabolic trust up, so plan is to go long if that scenario occurs.
Risk: 1% SL above daily candle with some wiggle room.
TP target: 8.6
Just stopped out of first attempt.
Ready for another SL on this attempt.
Will fire again, with failure on upper trendline.
Any break above upper trendline.
should be a parabolic trust up, so plan is to go long if that scenario occurs.
Risk: 1% SL above daily candle with some wiggle room.
TP target: 8.6
Trade active
EntryTrade closed: stop reached
No second position.If i am right about this beeing a top, then waiting a day or 3 will not affect the end PnL of the position considerably.
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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.