EW#2 Completion with an expanded Flat
Bears bearing down again. Targets are the fibs, you choose.
Early entry can be a long candle or a 10 period moving average crossover in 4H Time frame.
The reason I'm entering short despite the return of price in the big trendline:The little diagonal blue trendline to the far right which is a basis for zigzag corrective patterns.
Disclaimer for beginners: Don't think that all long candles or moving average cross overs will get you pips.
Sorry, it's really not that simple guys...
cancelling trade idea. No big red candle just a big green candle..... ;-/ back to the drawing board.
I guarantee NOTHING
Update 7/20/15
Closed my position for a small profit since it's less than 50 pips. This doesn't mean I'm changing my bias.
I am just looking for another wide long red candle as confirmation in the 4H. I feel no rush to trade this one because if big candles show up, the TP is big.
7/21/15
Cancelling trade idea. No big red candle just a big green candle..... ;-/ back to the drawing board.
Early entry can be a long candle or a 10 period moving average crossover in 4H Time frame.
The reason I'm entering short despite the return of price in the big trendline:The little diagonal blue trendline to the far right which is a basis for zigzag corrective patterns.
Disclaimer for beginners: Don't think that all long candles or moving average cross overs will get you pips.
Sorry, it's really not that simple guys...
cancelling trade idea. No big red candle just a big green candle..... ;-/ back to the drawing board.
I guarantee NOTHING
Update 7/20/15
Closed my position for a small profit since it's less than 50 pips. This doesn't mean I'm changing my bias.
I am just looking for another wide long red candle as confirmation in the 4H. I feel no rush to trade this one because if big candles show up, the TP is big.
7/21/15
Cancelling trade idea. No big red candle just a big green candle..... ;-/ back to the drawing board.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.