INTC Long Day Conservative Counter Trend Trade
Updated
Conservative Counter Trend Trade 12.1
+ long impulse
- volumed expanding T2
- 1/2 correction
+ support level
+ biggest volume manipulation
+ closed above support level
Calculated affordable virtual stop loss
1 to 2 R/R take profit
Hourly Context:
- short impulse
+ volumed T1
+ bigest volume Sp
+ weak test
+ first bullish bar closed level entry
Daily Context
- short impulse
+ biggest untested volume T1
+ biggest volume Sp
Monthly Context
+ long impulse
+ SOS level
+ support level
+ 1/2 correction
+ long impulse
- volumed expanding T2
- 1/2 correction
+ support level
+ biggest volume manipulation
+ closed above support level
Calculated affordable virtual stop loss
1 to 2 R/R take profit
Hourly Context:
- short impulse
+ volumed T1
+ bigest volume Sp
+ weak test
+ first bullish bar closed level entry
Daily Context
- short impulse
+ biggest untested volume T1
+ biggest volume Sp
Monthly Context
+ long impulse
+ SOS level
+ support level
+ 1/2 correction
Trade active
I'll take 50% at 1 to 2 R/R at $42.13 and will ride the rest to $43.62Trade closed: target reached
Boom!
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