I. Analysis
1. Stock in a healthy uptrend - price tested and reject 50MA level - we are hence looking for long opportunities
2. Pinbar formed on the 27th May set the structure and suggested a support level as the one draw. This support level has just been retested and it happened to converge with the 50MA, another relevant level reinforcing our structure - value zone identified
3. Bullish engulfing patter formed on the last session at this zone - we have an entry trigger
II. Trade
1. Go long next candle
2. SL 1 ATR below the draw support level alternatively 1 ATR below 50MA
3. TP next swing high // trail SL to with the 50MA for trend following
Plsd to hear yr comments
Cheers
Ruben
1. Stock in a healthy uptrend - price tested and reject 50MA level - we are hence looking for long opportunities
2. Pinbar formed on the 27th May set the structure and suggested a support level as the one draw. This support level has just been retested and it happened to converge with the 50MA, another relevant level reinforcing our structure - value zone identified
3. Bullish engulfing patter formed on the last session at this zone - we have an entry trigger
II. Trade
1. Go long next candle
2. SL 1 ATR below the draw support level alternatively 1 ATR below 50MA
3. TP next swing high // trail SL to with the 50MA for trend following
Plsd to hear yr comments
Cheers
Ruben
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
