Week 6 Day Trading Gameplan (Range Bound Bullish Bias)

Still sticking with the bullish trend on the short term ( 1 Hour ), I will be waiting for pullbacks into my support zones of 1 & 2 areas. The 1 hour's 200sma is flat which tells me range. Whether price works the low or the high first is key.
My stops are always 40 ticks and targets are 85 ticks.
Last week I only took 3 trades. 2 winners and 1 loser.

Looking at the 5 minute chart, the 21ema is pointing straight down and there is distance between the 21ema and the flat 200sma.

My Monday play IF set up will be a sell continuation pulling back to the declining 21ema in a bear flag. Ok if it pops above the 21ema by a bit.

My stops are always 40 ticks and targets are 85 ticks.
Last week I only took 3 trades. 2 winners and 1 loser.
Looking at the 5 minute chart, the 21ema is pointing straight down and there is distance between the 21ema and the flat 200sma.
My Monday play IF set up will be a sell continuation pulling back to the declining 21ema in a bear flag. Ok if it pops above the 21ema by a bit.
Not
My thinking when taking that sell trade. I had a bearish bias since I made this post on Saturday. It is kind of funny how the market lets you know in advance what is going to happen over the weekend. I thought it was going to bounce up more but it ended up rolling over. I probably could have taken more profits. Still working on this bad habit.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.