Just a CHART
Updated
I am not a financial advisor. Just a Chart maker.
Note
Update at 19:10 hours 19th February, 2021=>The charted idea worked perfectly.
Each candle (bar) is 30 min.
I will wait for 2 more bars to confirm the trendline, and it remains validated for 12 bars at most.
Note
Still within the two trendlines.Note
Still within the two trendlines.price to retest: 340
Trade closed: stop reached
The trendlines were valid for more than 12 bars, and the price dipped at the 14th Bar.The idea worked well.
Closing this.
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