Another try, but in my opinion a more risky one.
Daily TDI shows loss of strenght for bull and 4H candle shows a cross so we can expect short momentum to continue until 112.0X.
It could develop in stronger trade if successfull. In this case I will be monitoring Daily TDI to check global picture.
Entry, SL and TP on chart.
I will update this one every 4H.
Daily TDI shows loss of strenght for bull and 4H candle shows a cross so we can expect short momentum to continue until 112.0X.
It could develop in stronger trade if successfull. In this case I will be monitoring Daily TDI to check global picture.
Entry, SL and TP on chart.
I will update this one every 4H.
Note
Either we get a big drop on the next candle or this was just a bounce and in this case it will hit SL quickly.Trade closed: stop reached
Try again...Note
A little feedback on this trade, two rules were not met for my strategy :- RSI was above 50 so bullish action
- PA within PAC so higher probability of ranging price
Note
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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.