This is an attempt to use Andrews A/R techniques (reverse pitchforks or median lines) with a horizontal structural stop. The next green parallel is used as a runaway target.
Nota
Our entry level is now past the time-frame where price was expected being able to reach it. With the target still valid I would like to enter upon a second touch of the lower sloped parallel instead. The reason I need two touches (no touches has occurred yet) is so that I can place my stop below the first touch, and because the lines are not 100 % accurate and I wish to know how much the price will violate this parallel on the first touch.Nota
Since price got pushed down so hard by news on the Korean missile launch, I managed to get it right above the original entry level and exit once we came back to the lowest green parallel.Now however, the proper setup is developing and I am looking to enter at a new orange parallel.
Ordine annullato
I discarded the idea because of the stop size upon touch (and look how price went much lower). 
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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.