HTFs - the weekly structure shows a clear sideways channel with major highs broken and signs of a bearish reversal to downside. Now forming a continuation structure with a slight descending angle. Price action pretty clean with identifiable patterns |
LTFs - the angle is descending suggesting upside, but that's only part of the story. The structure is clear and there is a clue in the ascending running channel forming at the end of the pattern. Note, this also has a clear middle section increasing reliability of the pattern |
ENTRY - if price breaks that mini high correctively and rejects at the top of the running channel/larger descending structure, I'll be aggressive with my entry. If price is impulsive on approach to edge of structure or breaks structure, I'll wait for the market to show a signal it's turning bearish
LTFs - the angle is descending suggesting upside, but that's only part of the story. The structure is clear and there is a clue in the ascending running channel forming at the end of the pattern. Note, this also has a clear middle section increasing reliability of the pattern |
ENTRY - if price breaks that mini high correctively and rejects at the top of the running channel/larger descending structure, I'll be aggressive with my entry. If price is impulsive on approach to edge of structure or breaks structure, I'll wait for the market to show a signal it's turning bearish
Catatan
Trade aktif
Stayed up through the night to monitor and enter this one. Planned trade, traded planCatatan
Scoping first scale inTrading ditutup: stop tercapai
Trailing stop hit for +1.15%. Didn't drop as thought it might but pleased with planning and exectuion
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.
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.