Great example of why waiting for the momentum is so important.
Right now, the trade plan makes sense from a technical perspective but as long as 1245 holds, there is no reason to sell.
Price has bounces multiple times here.
Price made a lower high but NOT a lower low yet and price is trading just at a previous market top. A break below 1245 could mean more selling. A bounce will cancel this trade idea.
Right now, the trade plan makes sense from a technical perspective but as long as 1245 holds, there is no reason to sell.
Price has bounces multiple times here.
Price made a lower high but NOT a lower low yet and price is trading just at a previous market top. A break below 1245 could mean more selling. A bounce will cancel this trade idea.
I have been trading for 15 years!
> Trend Rider indicator: tradeciety.com/trend-rider-indicator/
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> Trend Rider indicator: tradeciety.com/trend-rider-indicator/
> Free weekly trading webinar: tradeciety.com/webinar/
> Free blog: tradeciety.com/blog
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.
I have been trading for 15 years!
> Trend Rider indicator: tradeciety.com/trend-rider-indicator/
> Free weekly trading webinar: tradeciety.com/webinar/
> Free blog: tradeciety.com/blog
> Trend Rider indicator: tradeciety.com/trend-rider-indicator/
> Free weekly trading webinar: tradeciety.com/webinar/
> Free blog: tradeciety.com/blog
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.