Market structure: Uptrend, Price at all times high
Setup: Trend continuation ( what high will do higher)
False Break candlestick pattern: Bullish bar, 20MA start to support price
To go long on next day open or set a buy limit order at around 150.10
Stop loss: 1 ATR stop loss at 142.90 taking reference from swing low
Take profit: trailing stop
Disclaimer: Below simple trading idea is just for sharing, please do your own due diligence and apply risk management.
Setup: Trend continuation ( what high will do higher)
False Break candlestick pattern: Bullish bar, 20MA start to support price
To go long on next day open or set a buy limit order at around 150.10
Stop loss: 1 ATR stop loss at 142.90 taking reference from swing low
Take profit: trailing stop
Disclaimer: Below simple trading idea is just for sharing, please do your own due diligence and apply risk management.
Trade active
Note
i will trail my stop using 5 ATR chandelier stopTrade closed: stop reached
price hit stop loss
Always trade with the Trend, Trend is your friend until it bend
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.
Always trade with the Trend, Trend is your friend until it bend
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.