Conservative Counter Trend Trade 12.1
+ long impulse
- volumed expanding T2
- 1/2 correction
+ support level
+ biggest volume manipulation
+ closed above support level
Calculated affordable virtual stop loss
1 to 2 R/R take profit
Hourly Context:
- short impulse
+ volumed T1
+ bigest volume Sp
+ weak test
+ first bullish bar closed level entry
Daily Context
- short impulse
+ biggest untested volume T1
+ biggest volume Sp
Monthly Context
+ long impulse
+ SOS level
+ support level
+ 1/2 correction
+ long impulse
- volumed expanding T2
- 1/2 correction
+ support level
+ biggest volume manipulation
+ closed above support level
Calculated affordable virtual stop loss
1 to 2 R/R take profit
Hourly Context:
- short impulse
+ volumed T1
+ bigest volume Sp
+ weak test
+ first bullish bar closed level entry
Daily Context
- short impulse
+ biggest untested volume T1
+ biggest volume Sp
Monthly Context
+ long impulse
+ SOS level
+ support level
+ 1/2 correction
Trade active
I'll take 50% at 1 to 2 R/R at $42.13 and will ride the rest to $43.62Trade closed: target reached
Boom!
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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.