- Previous support, now possibly resistance.
- Long reversal candle, (Doji)
- Retrace off the 0.764 fib level
Rules
- Will wait for confirmation. I will wait for the next candle to close, it must close as a bearish candle.
- Maintain a risk/reward ratio of at least 2:1
- Only risk a maximum of 1% of my account
- Long reversal candle, (Doji)
- Retrace off the 0.764 fib level
Rules
- Will wait for confirmation. I will wait for the next candle to close, it must close as a bearish candle.
- Maintain a risk/reward ratio of at least 2:1
- Only risk a maximum of 1% of my account
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.