RFB: ATH + AOTS
Target: Box top
Exit: MA breakdown
Trade active
-Order hit at 30.3.-Last candle is still above previous close.
-Good RSI. Looks to be forming CH.
-Watch out the ATH support.
Note
-Testing support at the ATH level. ATH support should hold otherwise, might need to cutloss if closed below this level.-Price still consolidating at 38.2 Fib
Note
-Current box barely broken DB50.-RSI still above 50.
-No divergences.
-Fib still on ideal level at 38.2
Trade closed: stop reached
SOLD-Exit/stop loss hit at MA20 breakdown & -4% loss.
-I should have exited on 15/09/21 for the initial MA20 breakdown and -4% loss.
TO DO:
Re-enter if it shows strength again or when it shows the powerhouse parameters.
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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.