PREDATOR'S INTRADAY SERIES: AMAZON BUY
PREDATOR'S INTRADAY SERIES:
- 1 YEAR LENGHT RESISTANCE BECOMES SUPPORT
- BULLISH HAMMER DOJI
- BROKEN TRIANGLE, A RETRACEMENT IS EXPECTED
First rule is not to trade against trend. However, a good number of indications support the idea that a retracement can happen, hence buying options short term is a good choice.
- 1 YEAR LENGHT RESISTANCE BECOMES SUPPORT
- BULLISH HAMMER DOJI
- BROKEN TRIANGLE, A RETRACEMENT IS EXPECTED
First rule is not to trade against trend. However, a good number of indications support the idea that a retracement can happen, hence buying options short term is a good choice.
Note
Stop was too tight, parallel to my trading style; I work with high R:R's. Remember that my charts are indications. Adjust my analysis to your particular trading style.
Trade closed: target reached
With a little wider stop, we have a nice almost 4R.Stay tuned to my analysis. Have a good day.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.