Await signals for entry such as DMI/ADX and/or RSI swing to the bullish direction.
Stop loss for the trade involving
JSPR (and indication that this trade is an absolute 'no-go') is any trade below the low of the signal day of 3rd December (i.e.: any trade below $1.39).
Stop loss for the trade involving
Trade active
UPDATE (9th December): Trade confirmed with a swing up on the daily chart accompanied with an increase in DMI/ADX and RSI, albeit on low volume. Noting the speculative nature of the trade, consider a tight stop beneath the swing that has been created on the daily chart (i.e.: placing the stop beneath the swing low of $1.60 from yesterday's low).Join the socials here:
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Join the socials here:
ivorywolf.start.page/ (Facebook / Telegram / YouTube)
Like/join/subscribe for the latest stock/crypto coverage!
...
ivorywolf.start.page/ (Facebook / Telegram / YouTube)
Like/join/subscribe for the latest stock/crypto coverage!
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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.
