I just closed this beautiful 4RR trade on Amazon.
The trade was entered last week, this new week market open Gap pushed the price high to my 4RR target.
Trade Idea;
The monthly is extremely bullish.
The weekly is also bullish.
Daily is bullish as well, so i entered on the daily time frame pull back swing low.
Result?
A beautiful 4RR profits trade.
Next Action?
I will wait till the daily frame correct and form a swing low before entering for a bullish trend continuation buy.
The trade was entered last week, this new week market open Gap pushed the price high to my 4RR target.
Trade Idea;
The monthly is extremely bullish.
The weekly is also bullish.
Daily is bullish as well, so i entered on the daily time frame pull back swing low.
Result?
A beautiful 4RR profits trade.
Next Action?
I will wait till the daily frame correct and form a swing low before entering for a bullish trend continuation buy.
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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.
Related publications
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.