Watch for green lines for entry. One for breakout others dollar cost average entries.
Breakout:
50% position open, enter rest when retest of trendline
Breakdown:
25% of your position each green line.
Targets:
blue lines: Take 25% each target.
We are NOT looking for price discovery yet. We might see a LH and a breakdown, in that case we are closing position and waiting for the market to cool off.
More when trade is active
Breakout:
50% position open, enter rest when retest of trendline
Breakdown:
25% of your position each green line.
Targets:
blue lines: Take 25% each target.
We are NOT looking for price discovery yet. We might see a LH and a breakdown, in that case we are closing position and waiting for the market to cool off.
More when trade is active
Trade active
Trade closed: target reached
target met 1 + 2Now on retracement for lower high, hitting for target 3
Note
moving SL to 148Trade closed: stop reached
Note
New idea comming soon
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.
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.