This is the first trade that I am taking for the TrendCloud Trading Challenge.
Going for 2:1 Target
4 hour and 1 hour chart are both in a downtrend as well as the 15 min chart
1 hour CCI is below -100
Took the TrendCloud Signal on the 15 min candle.
1 hour trend is just starting to become extended so keeping a tight stop on this.
Going for 2:1 Target
4 hour and 1 hour chart are both in a downtrend as well as the 15 min chart
1 hour CCI is below -100
Took the TrendCloud Signal on the 15 min candle.
1 hour trend is just starting to become extended so keeping a tight stop on this.
Note
Target 1 and Target 2 hit. Scaling out of the trade now with a trailing stop.Trade closed: target reached
Trailing stop hit.
Chris Juliano
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Chris Juliano
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.