-Primary pattern is a 66 month horizontal range -Of which as an unmet target of 57.31 -8 day pennant in which I tried the long side of has morphed into a 5 week flag with well defined boundaries -Tight bollinger band squeeze on the daily -An attractive R/R
30 basis points of risk planned
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Big picture
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Stop buy @ 50.51 SL @ 49.70 TP @ 57.17
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Stop @ 49.76 prior days low. Breaking out now but on open 'retail' volume. Still keeping my buy stop above July high as I need that extra conviction for this trade
İşlem aktif
Order filled
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One of my pet hates is when price plumbs my order in the morning then turns down. It is not a detractor from the setup but always makes me tense to see if price will turn up short of my stop
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Am somewhat more at ease after today, Still dubious
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.