Trend line rejection.
Significant fib level.
Ranges above the 50 MA with shorter legs up each time and further below the 100 MA each time.
Significant fib level.
Ranges above the 50 MA with shorter legs up each time and further below the 100 MA each time.
Commento:
Tried to get the perfect entry, paid the price. Analysis was correct though, next time will be more conservative of where we take the position from when it has a high chance to pull down.
Commento:
And that is why you put the stoploss above the previous high folks, thought we were a goner on this one but we came through in the end.
Trade chiuso: obiettivo raggiunto