Swing trade entry using hammer candlestick
Diupdate
Entry above the hammer as indicated by the
arrow. The price will probably come down for
the next several days before reversing(I am
anticipating a bear trap at around $164). If bulls
begin appearing then it should rise to the order
entry. At this point it will make another
attempt to break all time highs. I will take some
profit here and expect a small rest before
breaking ATH, and eventually reaching target 2.
arrow. The price will probably come down for
the next several days before reversing(I am
anticipating a bear trap at around $164). If bulls
begin appearing then it should rise to the order
entry. At this point it will make another
attempt to break all time highs. I will take some
profit here and expect a small rest before
breaking ATH, and eventually reaching target 2.
Catatan
Exiting intraday 10% of position at target 1. Plan calls to wait for a retest of the All Time High, however, if it wants to run to final target then let it. At this point I am raising my Stop to $172.18. If I lose on this trade it will be certainly less than 1R.Catatan
Raising stop to $178.60Trading ditutup: target tercapai
Target was hit. Trade completed!
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