Long
STRAT
LONG with Caution
-Uptrend- Higher highs and higher lows since early November- starting to enter the "mark-up phase"
- Broke Triangle and retest- impulse, reaction, continuation
- BULLish Stochastic
-BULLish RSI
-BULLish MACD
-Great Risk:Reward
Cons
- Long profit taking taking wicks on breakout
-Uptrend- Higher highs and higher lows since early November- starting to enter the "mark-up phase"
- Broke Triangle and retest- impulse, reaction, continuation
- BULLish Stochastic
-BULLish RSI
-BULLish MACD
-Great Risk:Reward
Cons
- Long profit taking taking wicks on breakout
Trade active
My tracking purposes onlyGood- bought the breakout correctly yesterday.
Bad- emotionally chased the price up and now have losing position.
- Lesson learned. After entry- additional quantity must be adding within max of 5% of initial purchase price
Buying correctly can solve many problems with volatility and stop losses. As you won't have a losing position.
Did you buy it right?
Is the price lower than when you purchased? If so, you bought it wrong.
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.