OHI/SBRA is showing a signal for a long position starting today, and all indicators support what appears to be a promising opportunity.
ADX: Indicates no prevailing trend in the pair.
Correlation: Remains high.
Price: Positioned in the oversold area.
I will monitor the market throughout the day and make a final decision on this trade by the day's end.
ADX: Indicates no prevailing trend in the pair.
Correlation: Remains high.
Price: Positioned in the oversold area.
I will monitor the market throughout the day and make a final decision on this trade by the day's end.
Trade active
entered OHI for Long & SBRA for Short at the beginning of the day.Hope this movement will continue...
Note
Trade is going well, I think tomorrow I will close it when it will be closer to the BBNote
I have closed the trade now with small profit (0.1%).If i have closed it 2 days ago, and not waited... I had gained 0.8% in 5 days trade...
I must say, that all indicators still positive with this trade - but the market just work different, so i prefer to not take chances and close in small profit.
At the end, in this business risk management us the most important aspect in being profitible.
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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.