This pattern works like a killer in a bull market. Looking at the price action and macro, we can be at the onset of a bull market. So, I am long. Goes without saying that one must have a stop loss in place. For this, I think following the trend with SL as low of the prior daily candle on a closing basis.
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.