Nice bullish divergence on weekly, on in fact all indicators I tend to use:
EFI, MACD-H, MACD lines, ATR channel divergence, EFI ATR channel divergence
Buy trigger bar, after latest red bar, price went down after open and then close way above, which is a bullish trigger
R/R:
TP1: 1:2. (1 ATR)
TP2: 1:3,2 (2 ATR)
E: 72.76
SL: 69.71
TP1: 78.87
TP2: 82.49
Entry strategy:
50% right away, 50% later on a 1st HL
trade number: #2023004
Current Trade score 0/1: 0%
(Total trades: 4, Closed: 1)
EFI, MACD-H, MACD lines, ATR channel divergence, EFI ATR channel divergence
Buy trigger bar, after latest red bar, price went down after open and then close way above, which is a bullish trigger
R/R:
TP1: 1:2. (1 ATR)
TP2: 1:3,2 (2 ATR)
E: 72.76
SL: 69.71
TP1: 78.87
TP2: 82.49
Entry strategy:
50% right away, 50% later on a 1st HL
trade number: #2023004
Current Trade score 0/1: 0%
(Total trades: 4, Closed: 1)
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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.