IF THE PRiCE GOES BELOW MY GOLDEN LiNE I AM GOiNG TO MAKE SOME PROFiT
THAT'S A RISKY SETUP, SO DON'T TRY TO COPY-TRADE.
TRADE::NEO_2
TYPE::SHORT
SIGNAL::TRiANGLE BREAKOUT
STATUS:: PLACED
VOLUME:: $3000
ENTRY:: 19.3
TP:: 15%
SL:: 1,68%
PROS::
1.TREND EXHAUSTION
2.OBV HEADS DOWN
3.PHOENIX INDICATOR iS BEARISH (4H,8H,D)
4.IMPORTANT S/R LEVEL
5. BEARiSH MOMENTUM
CONS::
1.FAKE OUT
2.ICHI iS GREEN (TOO EARLY TO SHORT?)
OVERALL:: I'VE PERSONALLY FAiLED AN OPPORTUNiTY TO SHORT iT FROM 23,5 LEVEL. SO I AM LOOKiNG FOR A NEW ENTRY. THiS LEVEL FOR NEO iS VERY IMPORTANT SiNCE iT'S BEEN OUR SUPPORT AND RESISTANCE FOR A COUPLE OF MONTHS, SO IT'S TOTALLY REASONABLE TO TRADE A DIP BELOW THiS LEVEL. I CAN SEE THAT BULLS ARE TRYiNG TO DEFEND THiS LEVEL, BUT BEARS ARE GETTiNG STRONGER SiNCE THESE WiCKS ARE GOiNG LOWER. IF THiS SETUP FAiLS I MUST BE PREPARED TO PLAY OTHER SiDE IN CASE WE BREAK THiS TRIANGLE iN UPWARDS DiRECTiON
THAT'S A RISKY SETUP, SO DON'T TRY TO COPY-TRADE.
TRADE::NEO_2
TYPE::SHORT
SIGNAL::TRiANGLE BREAKOUT
STATUS:: PLACED
VOLUME:: $3000
ENTRY:: 19.3
TP:: 15%
SL:: 1,68%
PROS::
1.TREND EXHAUSTION
2.OBV HEADS DOWN
3.PHOENIX INDICATOR iS BEARISH (4H,8H,D)
4.IMPORTANT S/R LEVEL
5. BEARiSH MOMENTUM
CONS::
1.FAKE OUT
2.ICHI iS GREEN (TOO EARLY TO SHORT?)
OVERALL:: I'VE PERSONALLY FAiLED AN OPPORTUNiTY TO SHORT iT FROM 23,5 LEVEL. SO I AM LOOKiNG FOR A NEW ENTRY. THiS LEVEL FOR NEO iS VERY IMPORTANT SiNCE iT'S BEEN OUR SUPPORT AND RESISTANCE FOR A COUPLE OF MONTHS, SO IT'S TOTALLY REASONABLE TO TRADE A DIP BELOW THiS LEVEL. I CAN SEE THAT BULLS ARE TRYiNG TO DEFEND THiS LEVEL, BUT BEARS ARE GETTiNG STRONGER SiNCE THESE WiCKS ARE GOiNG LOWER. IF THiS SETUP FAiLS I MUST BE PREPARED TO PLAY OTHER SiDE IN CASE WE BREAK THiS TRIANGLE iN UPWARDS DiRECTiON
Note
PRICE ALMOST HiT MY ENTRY POiNT, LET'S SEE iF BULLS ARE ABLE TO DEFEND THiS PRICE LEVELNote
I'VE ENTERED A TRADE, HOPE iT WILL WORK AS EXPECTEDNote
I MOVED MY SL TO BREAK EVEN. SO I CAN'T LOOSE iN THiS TRADE ANYMORENote
CLOSED THE DEAL WITH NO PROFiT. I'D BETTER FIND ANOTHER ENTRY, THAN PUT MY MONEY UNDER THE RiSKNote
I'VE TRADE THiS BEARiSH MOMENTUM THE WRONG, I SHOULD'VE SHORT FROM THE TOP, SiNCE THE PRiCE STAIR STEPPiNG DOWN, INSTEAD OF TRADiNG A BREAKOUT
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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.