There are 2 sells I am looking forward to.
My time projection suggests the moves to happen around the orange dotted vertical lines but thats not a must.
First trade is selling the 0.618 retracement.
Second trade is waiting for more confirmation (break of trendline, then flag, then break of flag > sell)
Reward to risk in both cases it 1:1 the way I plotted it on the chart but I will only take half position profit there and move stopps of rest to breakeven.
This is not a trade call, unless you are with the big banks you are responsible for your trading and your decisions. You are with the big banks? Hire me and get my signals for free Hahahaha
Guys and girls, leave a comment and a like please (only like if you like it!)
My time projection suggests the moves to happen around the orange dotted vertical lines but thats not a must.
First trade is selling the 0.618 retracement.
Second trade is waiting for more confirmation (break of trendline, then flag, then break of flag > sell)
Reward to risk in both cases it 1:1 the way I plotted it on the chart but I will only take half position profit there and move stopps of rest to breakeven.
This is not a trade call, unless you are with the big banks you are responsible for your trading and your decisions. You are with the big banks? Hire me and get my signals for free Hahahaha
Guys and girls, leave a comment and a like please (only like if you like it!)
Note
let's waitNote
patience is the key. there is lots of other things to attend to while waiting. no problem.Note
i missed the 0.618 retracement as an entry point but got a signal from my Commodity Channel Index StrategyNote
Entered now and maybe add later more after retracementTrade closed manually
that went pretty well.
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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.