Current trend drawn today, did not foresee those pumps so congratulations whoever caught them.
The 7200 mark was my entry, missed it and got in long @ 7335 and now....we are dumping lol. Sods law. The trend is your friend most times, I had the bullish diversion marked but it came a bit earlier than expected. Im now in an oopen long position, which I plan to keep open to 7500+, then ill take interest and watch whilst changing SL accordingly.
The 7200 mark was my entry, missed it and got in long @ 7335 and now....we are dumping lol. Sods law. The trend is your friend most times, I had the bullish diversion marked but it came a bit earlier than expected. Im now in an oopen long position, which I plan to keep open to 7500+, then ill take interest and watch whilst changing SL accordingly.
Note
The bears are fighting back now HARD. This will be a long one, or else it was a fakeout.Note
Longer (almost) descending triangle, borke down 2 or 3 time but came to a point near my bearish reversal in yellow. Longet time frames for chart patterns are important, trends can not be determined by 3 or 4 hours, thats confirmation of the trend...NOT the trend itself.
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.
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.