If price closes in a pinbar today, I will enter this trade. Seems like a good confluence of signals: top of the channel, oscillators overbought, pinbar forming.
Trade active
Alright let's ride this!Note
Good move down. Now to break out of the range to find new lows: If it doesn't do it this week, I suspect it will be looking to break out of the range upwards so I moved my SL to break even.
Trade closed: stop reached
Break even stop loss triggered, doesn't look like price is going to be down for a while.
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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.