Bat Mid-term Trend reversal [Tripple bottom and more]
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Key points:
1) We're facing historical lows + strong support
2) Triple bottom + lowering volumes are strong reversal indicators
3) 1st and 2nd take-profits are based on historical supports
Trade plan:
1) 1st take-profit 75% or 100% (if level will be holding for too long)
P/L ratio 3.66
2) 25% or 0 for the second one
STOPS: near green line
Key points:
1) We're facing historical lows + strong support
2) Triple bottom + lowering volumes are strong reversal indicators
3) 1st and 2nd take-profits are based on historical supports
Trade plan:
1) 1st take-profit 75% or 100% (if level will be holding for too long)
P/L ratio 3.66
2) 25% or 0 for the second one
STOPS: near green line
Trade active
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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.