Premise:
1. The current unconfirmed hidden divergence will confirm under the 786 fib.
2. The SRSI will then correct downward.
Execution:
1. Scale hedge short between 4625-4743
2. Stop at 4900
3. Target 1 : 4350
4. Target 2 : 3800 (hope not...)
Result:
1. A 6.26:1 RR trade is achieved.
1. The current unconfirmed hidden divergence will confirm under the 786 fib.
2. The SRSI will then correct downward.
Execution:
1. Scale hedge short between 4625-4743
2. Stop at 4900
3. Target 1 : 4350
4. Target 2 : 3800 (hope not...)
Result:
1. A 6.26:1 RR trade is achieved.
Note
Stop moved to breakevenNote
TIMBEERRRRRNote
Target 1 strikeNote
Quick update : Target strike but SRSI didn't correct fully. Holding hedge, stop is now at 4500.
Note
Exited short at 4122.Trade closed: target reached
Note
Broke consistency on the background there. Yes, I admit, I sometimes use night mode.Note
T2 strike
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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.