A moolah trade is a reversal signal similar to a double top.
Only difference is that the second leg of the moolah is lower than the first leg.
I usually have a 1:1.7 target or maybe enter on a retrace. Highly doubt we will see one here now though.
Only difference is that the second leg of the moolah is lower than the first leg.
I usually have a 1:1.7 target or maybe enter on a retrace. Highly doubt we will see one here now though.
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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.