Public Live Test - Trade 9
1) Daily trend: down
2) 8-hour chart: price close to previous resistance; oscillator divergence creating a short setup.
3) Oscillator hook down, confirming short setup.
Short trade triggered as this was being written (missed first trigger; did not notice 1st target had already been achieved).
Entry: sell 17,000 @ 1.09373
Initial stop-loss: 1.09680
1st target: 1.09010 (buy 6,000)
2nd target: 1.08117 (buy 6,000)
Trail stop on remaining 5,000
2) 8-hour chart: price close to previous resistance; oscillator divergence creating a short setup.
3) Oscillator hook down, confirming short setup.
Short trade triggered as this was being written (missed first trigger; did not notice 1st target had already been achieved).
Entry: sell 17,000 @ 1.09373
Initial stop-loss: 1.09680
1st target: 1.09010 (buy 6,000)
2nd target: 1.08117 (buy 6,000)
Trail stop on remaining 5,000
Trade active
Bought 6,000 at 1.0901Trade active
ist & 2nd targets achieved; trailing stop-loss moved to 1.09264
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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.