Hope this idea will inspire some of you !
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
Indicators used in this forecast are PRO Sinewave & PRO Momentum.
You can check my indicators via my TradingView's Profile : @PRO_Indicators
Kindly,
Phil
If you want to learn more about the basic rules to trade with my indicators here's the educational video link :
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
Indicators used in this forecast are PRO Sinewave & PRO Momentum.
You can check my indicators via my TradingView's Profile : @PRO_Indicators
Kindly,
Phil
If you want to learn more about the basic rules to trade with my indicators here's the educational video link :
Trade active
No need to tell what I just did... Short entry made, Stoploss placed above the Sinewave maximum target. The signal got confirmed just as expected : Note
Reaching first intermediate support signal. Sinewave triggered a TP cycle confirmed by Momentum. I just took 25% profits, which will pay for my stop loss. I'm now out of risk on that trade ! It's a win-win situation here ! Note
TP signal on Sinewave is still pending (and it actually disapeared when I took the screenshot !!). I may have acted to fast, but that's to take profit ! And taking profit is never a bad decision ;)Note
Just for the transparency.. Now the candle is closed and the signal is valid ;) We now need to see this support broken to validate the bearish trade. Still in speculative area for now. But the stop is now paid for me. So there can be no loss !
Note
Just shorted again with double the TP amount (stop is still paid by the partial profit)Trade closed: stop reached
OUT, bulls are taking over this price area. I'll wait to have better prices but still remain bearish on this asset
To learn more about the PRO Strategy and request a trial for the indicators:
Website : pro-indicators.com
Discord : discord.gg/Agdf5rt
Website : pro-indicators.com
Discord : discord.gg/Agdf5rt
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.
To learn more about the PRO Strategy and request a trial for the indicators:
Website : pro-indicators.com
Discord : discord.gg/Agdf5rt
Website : pro-indicators.com
Discord : discord.gg/Agdf5rt
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.