I have position today
The reason I buy:
1. Low-risk entry
2. Very tight pivot area
3. Low cheat tight level
4. VCP characteristics
5. High relative strength.
Flaw:
1. A lot of trapped buyers on the left side (40% decline)
I will play this moves for a quick trade.
The reason I buy:
1. Low-risk entry
2. Very tight pivot area
3. Low cheat tight level
4. VCP characteristics
5. High relative strength.
Flaw:
1. A lot of trapped buyers on the left side (40% decline)
I will play this moves for a quick trade.
Trade active
Reduce my position to half today at a loss.Trade closed: stop reached
Stopped out at a loss on 15/11/22
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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.
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.