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
Comment:
i will trail my stop using 5 ATR chandelier stop
Trade closed: stop reached:
price hit stop loss