Trading the system I'm developing at the moment, this is an easy long.
Bull div on renko 1-1.5% blocks
Confirmation on the 1H kumo break.
We work with momentum here. Stop buy above first kumo closing candle.
Few ways to play this:
- Take profit @ 2% gain
- Move SL to entry after a 2% gain and ride it out
- Put SL below first kumo closing candle and wait it out
Bull div on renko 1-1.5% blocks
Confirmation on the 1H kumo break.
We work with momentum here. Stop buy above first kumo closing candle.
Few ways to play this:
- Take profit @ 2% gain
- Move SL to entry after a 2% gain and ride it out
- Put SL below first kumo closing candle and wait it out
Trade active:
That's a 15,5% surge from entry, good trade!
Moving up my stops in great profit.
Moving up my stops in great profit.
Trade closed: target reached:
61.8% fib reached, closed this trade on a 17% move.