Just follow the momentum here, but beware this might last for few days, as long as the stochastic make consistent "UP and Down" pattern.
Trade active
I have figured where this momentum should end, before Friday announcement of Non-Farm Payroll and Unemployment rate. From there on, this stochastic pattern of up and down will likely to end. TIME IS MONEY! Have a safe trade..
Note
This pattern might still continues, especially when Bearish Divergence has formed and accurately indicating today's movement of downtrend in 1 Hour chart. KEEP AN EYE ON IT!Order cancelled
I have observed that stochastic is no more consistent.. I declare this pattern is over.It was a good thing I was able to make some meaningful profit from this.
Time to change strategy.
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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.