Possible Long Continuation for one more move up
This one looks like its not dropping hard enough , and it has two possibility
01) it will reverse on 1 Hour from current level and start moving upside
02) it will brake out form the structure , and then reverse absorbing all the order and start moving upside , if that happens it will be likely in the pattern of contracting flat
Look for reversal before entering because
In my personal view there is one more push left ,
and please dont ask me in PM how to identify the reversal its simple price action go with bullish candle high brake stop below that perticular candle
I want to address one more important issue
when you enter any trade long or short Make sure you will place the stop below the candle ( in long trade ) and above high ( in short trade ) and add spread in that ( usually buy sell difference + few pips )
if you lose you will lose one single candle value , thats all your loss , You will not lose more than that
and start trailing the stop to cost after your trade move away form the buy or sell , if stopped out No issue , You can still take trade when you have capital
dont lose your capital
some one made huge loss without stop and messaged me so this is for everyone who are new and experienced , dont think any other hypothetical calculations by putting your stops some wear else ,
Good luck keep trading & Keep earning
01) it will reverse on 1 Hour from current level and start moving upside
02) it will brake out form the structure , and then reverse absorbing all the order and start moving upside , if that happens it will be likely in the pattern of contracting flat
Look for reversal before entering because
In my personal view there is one more push left ,
and please dont ask me in PM how to identify the reversal its simple price action go with bullish candle high brake stop below that perticular candle
I want to address one more important issue
when you enter any trade long or short Make sure you will place the stop below the candle ( in long trade ) and above high ( in short trade ) and add spread in that ( usually buy sell difference + few pips )
if you lose you will lose one single candle value , thats all your loss , You will not lose more than that
and start trailing the stop to cost after your trade move away form the buy or sell , if stopped out No issue , You can still take trade when you have capital
dont lose your capital
some one made huge loss without stop and messaged me so this is for everyone who are new and experienced , dont think any other hypothetical calculations by putting your stops some wear else ,
Good luck keep trading & Keep earning
Trade active
Excellent they are managing the index , wait for 1 Hour Candle to closeNote
Yesssssssssssssss haaaaaaaaaaaaaaaaaaaaaaa , that right i am the smartestNote
they unleashed badly
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.