seen the previous trades how it happened. i did not put this out for everybody to see
it was for my special people
now for the one for all to see:
the market was still trending downward until it made a perfect double bottom. check as i circled it. that was a clear double bottom on the price action and a cute RSI divergence which was traded with small stop loss as that is how i do trade double bottom or double top. and it got traded and filled.
the market got pulled back to like get filled and complete a good gartley with a deep termination
but! sad the market just closed, i hope it will open next week going and trading just fine
however, the RSI is already oversold, so be careful and check for:
good entry
good risk to reward ratio
good luck
Comments
chrystael
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Hmmmm....2 out of 3 trades, not bad at all. You must not win all the time