Good trading week. I have not closed any position yet as you guys know i don't trade lower time frames. Some good opportunities came this week. Let's take a look at jazz which i bought today.
Monthly is nice chart with kijun sen holding firmly. Macd is above zero but trying to cross up but won't be confirmed till the end of the month.
Weekly is again bullish with macd crossed up and kijun sen holding. Price is flirting with a trendline . Chikou need to get out of price for acceleration.
Daily is bullish with bullish candle today with macd pointing higher.
There is also inverted monthly head and shoulder with measured move to 220. Very nice rr here.
This trade meet all my criteria and i initiated a long . Let's see how this one plays out.
Thanks for the read. I just finished journalling this one and now it's time to get some wine.
Cheers
Monthly is nice chart with kijun sen holding firmly. Macd is above zero but trying to cross up but won't be confirmed till the end of the month.
Weekly is again bullish with macd crossed up and kijun sen holding. Price is flirting with a trendline . Chikou need to get out of price for acceleration.
Daily is bullish with bullish candle today with macd pointing higher.
There is also inverted monthly head and shoulder with measured move to 220. Very nice rr here.
This trade meet all my criteria and i initiated a long . Let's see how this one plays out.
Thanks for the read. I just finished journalling this one and now it's time to get some wine.
Cheers