Let's see if we can make nice profit like yesterday by trading this pennant. Those who read my post yeastersay and took advantage of it, made 100% profit, lets try to repeat it today. Our set-up for this pattern will be the same as in my previous cases. As soon as green candle closes above resistance line, we will enter our trade and keep on placing trades on green candle untill we are stopped out by a red candle. If you never heard of "color options", then please follow me to learn more, or ask me in the comments. Thanks.
Order cancelled
Unfortunalety, I have to cancel this set-up because red candle penetrated support line, and according to my rules, if this happens before my trade is activated, I drop it and move on to look for the next oportunity.
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Related publications
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.