A mathematical probability to hit the target. Will the resistance be strong enough to cause a variable change in the calculation ?
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Daily Target Calculation
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4 hour Frontline Overview, ongoing Operation
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Well, big mistake. I didn't wait for the candle close. My bad.Note
I didn't wait for weekly candle close , that was my mistake with the shorting because the charting was based on that candles current form.But then that candle metamorphosed into something else within 1d 9h.
Could have foreseen this because the lower timeframe had Ultra 200 support .
That was critical damage against the Resistance.
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Two (2) weeks later the same signals but the candle is closed. Not the same mistake again.We actually got somewhat trend reversal signals on the weekly. Yes, it can be a false signal but that's the risk here.
Trade closed: target reached
Well it overshoot the target "just a little bit"
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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.