Price reached the Warning Line 1.
This is a natural support, because it's a standard deviation stretch. From here, price has a high tendency of mean-reversion.
How far?
Most of the time it shoots back to the Lower-Medianline-Parallel.
Beware of the potential resistnace zone.
This level is a good one to take partial profits.
As for a stop, I would put it below the last swing-long. I may play it with Options (for example a Risk-Reversal), giving me more leeway to the downside if it's not playing out immediately.
This is a natural support, because it's a standard deviation stretch. From here, price has a high tendency of mean-reversion.
How far?
Most of the time it shoots back to the Lower-Medianline-Parallel.
Beware of the potential resistnace zone.
This level is a good one to take partial profits.
As for a stop, I would put it below the last swing-long. I may play it with Options (for example a Risk-Reversal), giving me more leeway to the downside if it's not playing out immediately.
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.
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.