Swing Trade.:
-- 4H Head & Shoulders --- Decent shoulder on either side.
-- Price Bottoming at a Daily Support Zone.
-- There was the 1st move up and we are now in the correction.
-- At 61.8% retrace
-- Wedge like pattern
-- Daily and Weekly Supports Retrace Higher
INVALIDATION: Is the LOW
ENTRY:
Aggressive +
1) ENTER NOW at 61.8% retrace, SL AT LOW
Agressive:
2) ENTER AT TRENDLINE BREAK, STOP AT THE LOW POINT
Conservative:
3) Wait for break, wait for consolidation above the trendline enter that.
-- 4H Head & Shoulders --- Decent shoulder on either side.
-- Price Bottoming at a Daily Support Zone.
-- There was the 1st move up and we are now in the correction.
-- At 61.8% retrace
-- Wedge like pattern
-- Daily and Weekly Supports Retrace Higher
INVALIDATION: Is the LOW
ENTRY:
Aggressive +
1) ENTER NOW at 61.8% retrace, SL AT LOW
Agressive:
2) ENTER AT TRENDLINE BREAK, STOP AT THE LOW POINT
Conservative:
3) Wait for break, wait for consolidation above the trendline enter that.
Note
Trade is going well :) I entered at 61.8%Note
Market is full risk on after G20 should see some good movements finally.Note
Move SL to 1.268Note
SORRY I meant 1.1268Note
Move SL to 1.13057, basically break even.Trade closed manually
Small profit
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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.
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.