Three Drives Pattern : Reversal

2018년 3월 23일

There is global bloodbath in the market and we have bad news everyday, so talking about a reversal in this scenario seems insane, however there is a nicely formed Three Drives Pattern and every low of the price is associated with higher MACD values clearly showing divergence. Would it be able to reverse the price only time can tell. It is easy and advisable to follow the trend instead of hunting for trend reversal. But a buy trade is possible only if market trades high of today in coming days. if that happens the low of today should be protecting SL. We can put initial RR ratio of 2 and see how it develops further.
Disclaimer : All ideas and comments are my personnel view. please take financial consultancy for trading decision.

2018년 3월 26일

액티브 트레이드

Doing well

2018년 4월 5일

액티브 트레이드

Booked part profit and rest is continuing with trailing stop loss. :)

2018년 4월 25일

거래청산: 타겟 닿음

Closing the position on Target price :)