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The Case for Milk with a Complete Strategy
Obviously you will have to select which targets you feel comfortable with on your own. One thing to keep in mind is target 2 may never get hit, unlike target 1 where there is a clear exit plan.
One way to execute that exit is If target 2 (previous peak in price) does not get hit, keep rolling the futures contract until it does or until stop for entry 2 is reached.
Another way is to close the position if structure invalidates a long position. Or take target 2 at a 382% or 61.8% retracement from entry.
Of course, you could always take target 1 for both entries!
Recent Milk analysis:
Advanced Pattern set-up in line with desired entry.
One way to execute that exit is If target 2 (previous peak in price) does not get hit, keep rolling the futures contract until it does or until stop for entry 2 is reached.
Another way is to close the position if structure invalidates a long position. Or take target 2 at a 382% or 61.8% retracement from entry.
Of course, you could always take target 1 for both entries!
Recent Milk analysis:
Advanced Pattern set-up in line with desired entry.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.