Indicated on the chart is the breakout 1%+ confirmation. A defined entry, stop and multiple target area(s).
This trade is progressing nicely thus far.
Once Target #1 has been filled, I'd then be moving my stop to breakeven if I plan to remain in the trade toward the 2 higher targets.
If not, once the next breakout sets up with confirmation - we'll hopefully be able to identify the next low risk leg up move.
Happy Trading! Anthony Speciale
This trade is progressing nicely thus far.
Once Target #1 has been filled, I'd then be moving my stop to breakeven if I plan to remain in the trade toward the 2 higher targets.
If not, once the next breakout sets up with confirmation - we'll hopefully be able to identify the next low risk leg up move.
Happy Trading! Anthony Speciale
Note
Trade idea successfully fills Target #1. If I haven't sold my entire position here, I'd be moving my stop on the remainder of my open position to breakeven now.
Anthony Speciale, founder of Speciale Analysis offers an affordable approach for all traders to grow into their highest potential.
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.
Anthony Speciale, founder of Speciale Analysis offers an affordable approach for all traders to grow into their highest potential.
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.