Since the bottom was completed on 8/24, it has continued an uptrend,
9/3 breakout the LH, uptrend was broken.
Retail Trader → do long when breaks above HH, SL set at HL
Institutional Trader → sweep the retail trader SL then will gain more $$ to momentum quotation to the original way (uptrend)
Entry reason:
1.broke LH, retail trader SL
2.price stop falling in demand zone
3.bull engulfing appears
which make me bullish biased
SL : previous HL0.9666
TP : HH0.9866
All are personal opinions, not investment advice
any suggestions and feedback are welcome.
9/3 breakout the LH, uptrend was broken.
Retail Trader → do long when breaks above HH, SL set at HL
Institutional Trader → sweep the retail trader SL then will gain more $$ to momentum quotation to the original way (uptrend)
Entry reason:
1.broke LH, retail trader SL
2.price stop falling in demand zone
3.bull engulfing appears
which make me bullish biased
SL : previous HL0.9666
TP : HH0.9866
All are personal opinions, not investment advice
any suggestions and feedback are welcome.
Trade chiuso: stop raggiunto