TECS/SSG Potential Long Opportunity
Updated
TECS/SSG pair is signaling a Long position at the close of yesterday, supported by multi indicators, suggesting a promising opportunity.
ADX: Indicates no trend at present.
Correlation: remains very high in the last few weeks.
Close price: closed below lower BB.
Historical test: I would be happier with more historical opportunities in the last few months to test, but generally it seems okay.
ADX: Indicates no trend at present.
Correlation: remains very high in the last few weeks.
Close price: closed below lower BB.
Historical test: I would be happier with more historical opportunities in the last few months to test, but generally it seems okay.
Trade closed: stop reached
Downward trend started 2 days ago, i waited to make sure it becoming strong, and since it seems it is, i have closed this position.
Being profitable is all about risk management, and cutting losses when the market trends against you.
Lost is 0.50%
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