RRR 1:1.5 Pin Bar signal based position on Link
Unlike other high-caps, Link created a candle with a small tail. I am in favour of further growth till it reaches a logical level, which in this case would be Point of Control. We might go higher, but there is nothing wrong with making a profit there.
Before that, since September, there has been a fast rally followed by a slow steady fall. It reached Gann's 2/1 resistance on 6/7th January 2020. From there, it started growing and I am buying on the first pullback now.
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I am measuring the success of all published analysis in 2020. This one will be considered successful if the price reaches the target. Entry conditions are already reached, so it could not be anything else :)
I have already published two analysis with potential reward 5 out of which 2 was realized. The potential loss was 2 out of which 1 was realized. So trading based on my previous analysis equals reaching a target on a single RRR 1:2 position.
Before that, since September, there has been a fast rally followed by a slow steady fall. It reached Gann's 2/1 resistance on 6/7th January 2020. From there, it started growing and I am buying on the first pullback now.
▬▬▬▬▬▬
I am measuring the success of all published analysis in 2020. This one will be considered successful if the price reaches the target. Entry conditions are already reached, so it could not be anything else :)
I have already published two analysis with potential reward 5 out of which 2 was realized. The potential loss was 2 out of which 1 was realized. So trading based on my previous analysis equals reaching a target on a single RRR 1:2 position.
Trade closed: target reached:
Closed succesfully. Check how my analysis in 2020 are going here: docs.google.com/spre...z1afxk0_SELHLqY/edit
Comment:
The link was wrong. The document is available here: docs.google.com...k0_SELHLqY/edit?usp=sharin...