This is for my personal use, but I am publishing just to get my idea in concrete, and see how it plays out.
So just looking at the chart:
FIB: I set up a fib retracement from April 2018 and Janaury 2018 to the most recent highs of January 2020. (Give me an idea of support and resistance levels.
Trendlines: I set up some trend lines to help forecast a possible bounce.
Candlesticks: There is a bullish hammer formed on the daily. Its wick touches the $73 support level
Trade:
SL:$72.50
Open: $74 Area
TP:$82
Watch Price Action Prior to entering
So just looking at the chart:
FIB: I set up a fib retracement from April 2018 and Janaury 2018 to the most recent highs of January 2020. (Give me an idea of support and resistance levels.
Trendlines: I set up some trend lines to help forecast a possible bounce.
Candlesticks: There is a bullish hammer formed on the daily. Its wick touches the $73 support level
Trade:
SL:$72.50
Open: $74 Area
TP:$82
Watch Price Action Prior to entering
Nota
Could've opened today at $74. I suggest moving stop loss to $71.5Currently $75.58
Trade chiuso: stop raggiunto
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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.