EURTRY - a case for trend continuation
-Strong trend, would take price into new all time highs
-15 Week continuation cup and handle
-Significant retests of boundary
-Price has since turned down, but is worth watching for an symmetric risk/reward trade
-Very similar pattern forming on GBPTRY worth looking at also
-Looking to establish 100 basis points of risk in two tranches
Also see youtu.be/1-SUKfiYhlw for a fantastic educational video on the cup and handle as a continuation pattern by Akel Kibar, an esteemed classical chartist
-15 Week continuation cup and handle
-Significant retests of boundary
-Price has since turned down, but is worth watching for an symmetric risk/reward trade
-Very similar pattern forming on GBPTRY worth looking at also
-Looking to establish 100 basis points of risk in two tranches
Also see youtu.be/1-SUKfiYhlw for a fantastic educational video on the cup and handle as a continuation pattern by Akel Kibar, an esteemed classical chartist
Catatan
*asymmetric risk/reward tradeCatatan
Stop buy order inCatatan
Well worth watching a few TRY crossesTrade aktif
Catatan
Stop buy order in for an additional 50 basis points of riskCatatan
Second tranche order filledCatatan
1st tranche stop @ 4.71292nd tranche stop @ 4.6931
Catatan
Stop orders to break even of respective tranchesTrading ditutup: target tercapai
Closed out second tranche, remaining tranche will implement a 3 day trailing stopCatatan
Stop @ 4.8396Trading ditutup: stop tercapai
Trailing stop hit on last tranche @ 4.94895
Pernyataan Penyangkalan
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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.