YUMC 10/1/2023
YUMC
YUM!
After running into major resistance level between Mar.’23 – May ’23, price has formed a Downtrend channel.
The 1st entry short entry was July’23. Price found itself at resistance level of channel with “over-bought” Stochastic reading. See #1.
Price now finds itself again at the channel’s resistance level with an “over-sold” stochastic reading. See #2. This is my que to enter trade short.
Entering trade short.
Entry: 55.72
Stop Loss: 58.72, -5.38%
Target #1: 48.20, +13.5%, 2.51 RR ratio
Target #2: 38.67, +30.6%, 5.68 RR ratio
YUM!
After running into major resistance level between Mar.’23 – May ’23, price has formed a Downtrend channel.
The 1st entry short entry was July’23. Price found itself at resistance level of channel with “over-bought” Stochastic reading. See #1.
Price now finds itself again at the channel’s resistance level with an “over-sold” stochastic reading. See #2. This is my que to enter trade short.
Entering trade short.
Entry: 55.72
Stop Loss: 58.72, -5.38%
Target #1: 48.20, +13.5%, 2.51 RR ratio
Target #2: 38.67, +30.6%, 5.68 RR ratio
Catatan
Love that after hour price action!Trading ditutup: target tercapai
Target #1 reached and then someTarget #1: 42.96, +22.90%, 4.25 RR ratio
Trade aktif
trade still active for target #2Target #2: 38.67, +30.6%, 5.68 RR ratio
Trading ditutup: target tercapai
Target #2: 38.67, +30.6%, 5.68 RR ratio
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.