A bearish flag is forming.
Entry: breakout below flag (around 3350)
Stop: rise above maximum value inside flag or breakout above flag (around 3450)
Profit: size of flag-pole downwards (around 3k)
Entry: breakout below flag (around 3350)
Stop: rise above maximum value inside flag or breakout above flag (around 3450)
Profit: size of flag-pole downwards (around 3k)
Trade active
so far so goodNote
I accidentally started the trade a bit early, so I adjusted the plan slightly
Trade closed manually
partially closed the trade before reversalNote
Got lucky and was able to full out with the remaining open position with a small profit as well.
Trade closed manually
trade closed completely
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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.