Context:
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Expected RR (at full) 4.38
- Weekly - Support zone @ 66.58/64.49
- Daily - Trend line break; Retracement back to Window
- 1h - CHOCH; Body block used as entry/stop range
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- Main Target - Weekly Resistance @ 71.79
- Breakeven stop @ 69.74
- 2/3s out @ 70.00 (Fin ext. 0.414)
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Expected RR (at full) 4.38
Trade closed: stop reached
Tapped out yesterday.---
-- Issues/news regarding a settlement could have played a role.
-- Possibly "too early to the game", some window retracements like to move further into the gaps of the shadows vs the open/close space. My metrics do not have one working better than the other for my strategy, so it's always first come.
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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.