According to the book, the trade is like this, with the second goal, but I think this is a candle trap for big fish to collect goods at lower prices.
Consider locking in profits at target 1 or not reaching target 1, and wait to consider further. I like the scenario of a quick 60-70 increase in price to the 2100 range and then withdrawing the candle's wick to decrease quickly once more.
Consider locking in profits at target 1 or not reaching target 1, and wait to consider further. I like the scenario of a quick 60-70 increase in price to the 2100 range and then withdrawing the candle's wick to decrease quickly once more.
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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.