I was tinkering around with news ideas and I have come up with this setup that I will try if market sets up with all my rules. I must have these rules in place, Most importantly, a fat CPI green bar followed by an even fatter, Bear engulfment bar. Once these are in place I will place a sell limit order in the middle of the golden pocket of that bear engulfment's High/Low range. I will target just a bit before that 50% mark of that prior fat green bar from December 13th.
December 13th 2022 setup blueprint
This post is merely a tutorial of sorts to show a potential 4 Hour Swing trade idea. I will give it a try. As long as my risk is contained then I am ok with the loss.
December 13th 2022 setup blueprint
This post is merely a tutorial of sorts to show a potential 4 Hour Swing trade idea. I will give it a try. As long as my risk is contained then I am ok with the loss.
Order cancelled
Trade did not set up yet, if at all. It is in the middle of the range, which for me is a no go. Set an alert at the top to see what happens when it gets there.
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.