I have two berish signal, top channel on 4h and 1h.
The linear regression of the 4hour has only one top to draw, not very reliable, so i will only take half the risk on this trade.
But i do think the daily need a HL to continue or fail to HL
The linear regression of the 4hour has only one top to draw, not very reliable, so i will only take half the risk on this trade.
But i do think the daily need a HL to continue or fail to HL
Note
Channel of the 1h work perfectly.As expected the 4h one dont worked, i have moved my stop higer to have a full risk position.
I'm still expecting a HL on the daily
Note
Still in after moving my stop higher (above orange line), i'm trying to average down now. Will take my loss at the first bullish signTrade closed manually
-20 pips
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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.