The Pivot based downtrend line on the 4H chart is officially broken.
This is why I remain bullish, although on the 1H chart we see a rising wedge, which could indicate a reversal.
For now, I keep my trade open and slightly keep moving my stop loss higher until I see a sell signal.
If you agree, please give me a thumbs up or leave a comment. Thanks!
Happy trading :-)
This is why I remain bullish, although on the 1H chart we see a rising wedge, which could indicate a reversal.
For now, I keep my trade open and slightly keep moving my stop loss higher until I see a sell signal.
- This is not financial advice, but meant for educational purposes.
- As always, Do Your Own Research!
If you agree, please give me a thumbs up or leave a comment. Thanks!
Happy trading :-)
Trade closed: stop reached:
My stop loss got hit. Decent profit so I'm happy with this trade.
