Set Up:
Price has swung above 200MA
Balanced swing
Pivot component with R & L side WRB
Entry:
Re test coil zone
Stop:
Below point of ignition (note: Ideally a stop under the pivot is preferred, however this extends our RR)
Target:
3:1 Higher high
Price has swung above 200MA
Balanced swing
Pivot component with R & L side WRB
Entry:
Re test coil zone
Stop:
Below point of ignition (note: Ideally a stop under the pivot is preferred, however this extends our RR)
Target:
3:1 Higher high
Order cancelled
Order cancelled - as price did not re test and has moved off too far
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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.