Daily PEPSI Bullish Divergence
Bullish div on 1D, ticks all the boxes. Bullish div on MACD-H, EFI, macd lines, ATR price channel divergence, EFI ATR channel divergence, and divergence on Stochastic RSI. Impuls on 1W still read, but upwick bar and also EFI on -3 ATR which seems to be a turning point many times
TP1
157,95
TP2:
161,21
Entry
152,89
Stop loss:
149,33
Scaling out as I see fit. At least 50% on 1 ATR, ultimate target of 2 ATR, previous turning points, could be possible, but a bit far. Planning to scale out other half there, or earlier when I detect weakness.
Trade #00004
Hitrate until #00003:
66% (trade 3 still open, but nearing target )
TP1
157,95
TP2:
161,21
Entry
152,89
Stop loss:
149,33
Scaling out as I see fit. At least 50% on 1 ATR, ultimate target of 2 ATR, previous turning points, could be possible, but a bit far. Planning to scale out other half there, or earlier when I detect weakness.
Trade #00004
Hitrate until #00003:
66% (trade 3 still open, but nearing target )
Trade closed: stop reached
Stop reached, trade failed. Bummer!
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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.