US 30 Key Reversal Long
Key Reversal on 4Hr Chart
Hit 78.6% retrace. Risk to lows.
Monthly chart suggests this is a likely level for 'institutional fingerprint'.
Hit 78.6% retrace. Risk to lows.
Monthly chart suggests this is a likely level for 'institutional fingerprint'.
Note
So far so good. But after a consolidation above the entry level price has been very direct. Keep an eye on breakdown of RSI Trendline for trailing Stops.Already around 3:1 in the money....no point in letting this reverse too much....
As of yet, RSI doesn't suggest taking any action......let trade run toward original target for now.
Trade closed: target reached
Profits taken."don't be a dick, for a tick"
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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.