Hi everyone
this is strategy for 4h chart short position:
price broke the trend line downward and moving below the ICHI cloud
it may test our ranged area before downward pressure.
targets are the same support levels on the chart.it may even test
our under line of the channel too.
closing above the 0.8522 resistant level make this strategy invalidate.
"always trade based on your affording loss and good management"
Enjoy the market
this is strategy for 4h chart short position:
price broke the trend line downward and moving below the ICHI cloud
it may test our ranged area before downward pressure.
targets are the same support levels on the chart.it may even test
our under line of the channel too.
closing above the 0.8522 resistant level make this strategy invalidate.
"always trade based on your affording loss and good management"
Enjoy the market
Trade closed: target reached
hit the first target, but trade still activeTrade closed: target reached
second target just hit less than 24 hours. you can close more than 75% of your position or set a trailing stop. the next target may test to hit under line of the channel again.Enjoy the market
Trade active
the third target is still in playTrade closed: target reached
All target hit already. and we closed short position .price test the under line of the channel and bounced upward as expected. we wait to see what's next for another position short or long need more confirmation.Enjoy the market
Happy new year
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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.
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.