Looking for the reversal at support for this week, with a divergence in the VWM oscillator, entry timing looks to be perfect. Will check back in to show the follow through, or lack thereof.
Here is why I would take the trade: I feel the return on risk is good.
Target1 = 47.48 ; 72tic Reward .. manage risk to suit >= 1:1 :
Target2 = 48.08 ; 132t Reward .. mange risk to suit >= 2:1
Here is why I would take the trade: I feel the return on risk is good.
Target1 = 47.48 ; 72tic Reward .. manage risk to suit >= 1:1 :
Target2 = 48.08 ; 132t Reward .. mange risk to suit >= 2:1
Trade closed: stop reached
Well no bounce, high prob of one, still decided to dive more. Exit with loss.
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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.