Will DowJones30 rally from the Pin bar?
Updated
23751 - 23267 is the key support area.
A long tailed bullish pin can be spotted on Daily chart rejecting from the key support area.
Main concern is that my Stop Loss size is very large (662 pips), will definitely trail my Stop Loss when price goes in my favour.
My position:
Entry : 23962
SL :23300
TP : 24955
** This is not a Buy/Sell recommendation **
** Please do your own due diligence **
A long tailed bullish pin can be spotted on Daily chart rejecting from the key support area.
Main concern is that my Stop Loss size is very large (662 pips), will definitely trail my Stop Loss when price goes in my favour.
My position:
Entry : 23962
SL :23300
TP : 24955
** This is not a Buy/Sell recommendation **
** Please do your own due diligence **
Trade active
Adjusted my stop loss and profit target.New SL : 23587
New TP : 24525
Trade closed manually
Closed my Long position manually as the neckline of Head & Shoulder pattern which can be seen on 1hr has been broken. Trade History for May:
Dowjones (+0.7r)
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