1/7/26 - ASC: new BUY signal chosen by a rules based, mechanical trading system.
ASC - BUY
Stop Loss @ 10.31
Entry BUY @ 11.67
Target Profit @ 13.43
Analysis:
Higher timeframe: Prices have stayed above the lower channel line of the ATR (Average True Range) Keltner Channel and reversed.
Higher timeframe: Victor Sperandeo's (Trader Vic) classic 1-2-3/2B BUY pattern...where the current lowest bottom breakout price is greater or only slightly peaking lower than the preceding bottom price.
Higher timeframe: Price peaked below the ATR (Average True Range) breakout low and then reversed.
ASC - BUY
Stop Loss @ 10.31
Entry BUY @ 11.67
Target Profit @ 13.43
Analysis:
Higher timeframe: Prices have stayed above the lower channel line of the ATR (Average True Range) Keltner Channel and reversed.
Higher timeframe: Victor Sperandeo's (Trader Vic) classic 1-2-3/2B BUY pattern...where the current lowest bottom breakout price is greater or only slightly peaking lower than the preceding bottom price.
Higher timeframe: Price peaked below the ATR (Average True Range) breakout low and then reversed.
Trade active
I'm not actually trading this...I just want to track it and see how it turns outTrade closed: target reached
Once the targe price was reached, I would sell off half and then trail a 3 x ATR trailing stop from the close until stopped out
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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.
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.