A study done in the Encyclopedia of Chart Patterns, "flags" like this one have the highest probability of success for trend continuation.
Stops under 69
Stops under 69
Catatan
TRADING TACTICS: My system has a few ways of holding a position depending on the structure if no target was set (Certain trades should be trailed IMO to achieve the greatest returns - think Bitcoin..). Here they are:
1) Tighten stops to the most recent minor pivot point. This is good for fast profit taking:
2) Stops tighten to the next structure zone. You do not sell unless there is a break of significant structure and if the modified bars remain green. If the modified bars remain green and there is no break of structure, then it is a hold. If the modified bars turn red but structure is still intact, it is still a hold. Minor structure like the one in option 1 would not turn the modified bars red, thus the stop has to be wider to allow high volatility.
Catatan
@95.80 - new highsCatatan
Prepare for new highs:Catatan
Ring the register here. Beautiful move off 95
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.