We were trying to take a short and closed it on the reversal to 16k. Instead of trying to call the top, I guess it is the best to follow the popular "the trend is your friend". Bears managed to break the triangle to the downside, but got caught up and with volume we are moving to the upside. I managed to open an attractive long position at 17.7k and look to take profits along the way to 19.4k.
From a fundamental perspective we can see that institutions are coming in, Paypal records strong numbers in and countries are inflating their currencies.
OP: 17.7k
SL: 17.6k
TP1: 18.9k
TP2: 19.3k
This is no trading advice. Good luck!
From a fundamental perspective we can see that institutions are coming in, Paypal records strong numbers in and countries are inflating their currencies.
OP: 17.7k
SL: 17.6k
TP1: 18.9k
TP2: 19.3k
This is no trading advice. Good luck!
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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.