Bullish Trend ahead @2020

22 feb

In my trading strategy, I incorporate Andrew's Pitchfork, utilizing its median line as a signal for analyzing price action. This line often provides a basis for analysis, potentially aiding in decision-making. Additionally, I integrate Fibonacci Retracement, with a focus on the 38.2% levels, which are commonly observed as potential pivot points for identifying entry and exit points on the chart. Verifying the adherence of market trends to Fibonacci Retracement points, particularly at the 38.2% level, is considered important in assessing potential continuation or reversal patterns.

22 feb

Trade attivo

Buy@2020.05

22 feb

Nota

Target@2037.63

23 feb

Nota

New Target: 2035.03 tradingview.com/x/tJtBiCY4

23 feb

Nota

tradingview.com/x/w3Hj11k2

23 feb

Trade chiuso: stop raggiunto

SL hit@2020.10

23 feb

Nota

It didn't hit my target. Ah right, if you gonna use this strategy, place your SL wisely.

I'll post another one when new buy/sell zone was hit

23 feb

Nota

if you're still on buy, new Target is at resistance@2045.81

23 feb

Nota

tradingview.com/x/HIxAgdxV

26 feb

Nota

tradingview.com/x/K9Tre6KZ

26 feb

Nota

New Target: 2040.56

26 feb

Nota

New Target: 2060.90 tradingview.com/x/cbT2JyG1

27 feb

Nota

New Target: 2051.07 tradingview.com/x/xf9PANh2

28 feb

Nota

New Target: 2063.88 tradingview.com/x/EcGmQ1FO