Maybe Gartley will play out. Trade idea:
- micro entry at 0.786 Fib level
- mini entry at 0.886 Fib level
- stop loss above X
- target 1 at 0.382 of CD
- target 2 at 0.5 of CD (and will see how it will behave here)
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
- micro entry at 0.786 Fib level
- mini entry at 0.886 Fib level
- stop loss above X
- target 1 at 0.382 of CD
- target 2 at 0.5 of CD (and will see how it will behave here)
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Trade active
Micro entry got filled in.Note
And also Mini entry.Note
Now let's wait for this divergence to do the trick:Note
Stop loss lowered to Micro entry. Just in case, things are bullish today ...Trade closed: stop reached
Stop reached with minimal profit.Note
Too bad I lowered stop loss too early ...
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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.