Tenkan turning down for bearish cross above cloud (weak bear), cloud entry signals cloud clean end to end move. From fib perspective from that point we should head lower. Targets and trade marked in chart, trying to enter above 9600.
Trade active
Stop as marked, entry 9650.Trade closed manually
Had moved my stop low, and after the bullflag initially broke out, I exited 90% of my short below entry. Came back an hour later to a pump, stopped the rest out manually now. From the exit, I made 50 dollars.
From the stop, I lost 5 dollars.
I was wrong, but free lunch.
Trade closed: stop reached
Note
REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEETrade closed: target reached
Exiting hedge short here
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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.