Dow Jones Down Week Wednesday Sell Idea

I am looking at a down weekly candle/template or perhaps a bearish doji weekly candle.
I set my limit sell on that wick above the 09:45 EST 15 min candle with a 50 tick stop and a 150 tick target for a 3:1
I am not interested in the middle of the range as that is where price is bouncing from
I see ramped volume on Tuesday with the low of Tuesday suspended above 2024 yearly open price and the peak formation low.

I set my limit sell on that wick above the 09:45 EST 15 min candle with a 50 tick stop and a 150 tick target for a 3:1
I am not interested in the middle of the range as that is where price is bouncing from
I see ramped volume on Tuesday with the low of Tuesday suspended above 2024 yearly open price and the peak formation low.
Trade chiuso manualmente
Took a small loss on the short position as I was wrong. Took a -0.75R loss so not a full 1R loss. Reversed my position to bullish as this is what the market is showing me.Entry off of the 4 hour bull 180 close
entry
38,870
stop
38,820
target
39,021
I have no problem admitting I am wrong, as I am quite often. As long as I stick to my 3:1 then over the long term I will be profitable
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.