Stocks are on fire today. I'm sure you won't have trouble finding good setups stockswise.
Meantime, had been tracking this baby for the past week. Noticing a sweet consolidation with low volatily and an entry trigger, as per my rules, just popped up.
1. Pair in a confirmed uptrend - trading above 50 MA and just consolidating after a 61 day rally.
2. Pair traind close to 50 MA - our value zone.
3. Strong bullish candle erupting from this 43 day consolidation as defined by the two blue trendlines forming a triangle-pennant pattern.
Trade
1. Entry: next candle - and advise to wait for candle completion for good order's sake.
2. SL: 1 ATR below 50 MA
3. TP: Closure below 1 ATR trail line
4. Position Size: 1pct ttl equity at risk only
Cheers,
RR
Meantime, had been tracking this baby for the past week. Noticing a sweet consolidation with low volatily and an entry trigger, as per my rules, just popped up.
1. Pair in a confirmed uptrend - trading above 50 MA and just consolidating after a 61 day rally.
2. Pair traind close to 50 MA - our value zone.
3. Strong bullish candle erupting from this 43 day consolidation as defined by the two blue trendlines forming a triangle-pennant pattern.
Trade
1. Entry: next candle - and advise to wait for candle completion for good order's sake.
2. SL: 1 ATR below 50 MA
3. TP: Closure below 1 ATR trail line
4. Position Size: 1pct ttl equity at risk only
Cheers,
RR
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。