Fugro long opportunity
Trading the system I'm developing at the moment, this is an easy long.
Bull div on renko 1-1.5% blocks
Confirmation on the 1H kumo break.
We work with momentum here. Stop buy above first kumo closing candle.
Few ways to play this:
- Take profit @ 2% gain
- Move SL to entry after a 2% gain and ride it out
- Put SL below first kumo closing candle and wait it out
Bull div on renko 1-1.5% blocks
Confirmation on the 1H kumo break.
We work with momentum here. Stop buy above first kumo closing candle.
Few ways to play this:
- Take profit @ 2% gain
- Move SL to entry after a 2% gain and ride it out
- Put SL below first kumo closing candle and wait it out
Trade active
That's a 15,5% surge from entry, good trade!Moving up my stops in great profit.
Trade closed: target reached
61.8% fib reached, closed this trade on a 17% move.
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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.