Action : a Buy stop has been placed on top of current three (3) Resistances with attached bracket orders, Sell stop Sell on Target.
Why : the CCIOBV indicator has crossed today the down trend of lasting days.
Risk : if the price stays under the near Resistance, a pull back is possible.
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Why : the CCIOBV indicator has crossed today the down trend of lasting days.
Risk : if the price stays under the near Resistance, a pull back is possible.
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Trade active
The waiting Buy stop has been executed at the previous day's High value +20, so at 26427. The uptrust gave us the opportunity to raise the waiting Sell stop at today's Low (Heikin-Ashi) value -20, at 25998.
Wyn-Trader
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.
Wyn-Trader
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.