As the chart is making higher high and higher low also at hl it made bullish engulfing the entry is not good because we are late we need almost 700 pips gains to get 1:1
Dow Trend = High Low
Candlestick = Engulfing Type
Resistance = Closed above all
Imp Note = High Impact News After 2 hours i am not sure that the hyper gain in chart is due to news lets see
Dow Trend = High Low
Candlestick = Engulfing Type
Resistance = Closed above all
Imp Note = High Impact News After 2 hours i am not sure that the hyper gain in chart is due to news lets see
Note
This Chart is the perfect example why you should never trade in news hours your stoplosss was because of impact of news
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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.