4 Hour Next Day CPI Pullback Setup Idea
I was tinkering around with news ideas and I have come up with this setup that I will try if market sets up with all my rules. I must have these rules in place, Most importantly, a fat CPI green bar followed by an even fatter, Bear engulfment bar. Once these are in place I will place a sell limit order in the middle of the golden pocket of that bear engulfment's High/Low range. I will target just a bit before that 50% mark of that prior fat green bar from December 13th.
December 13th 2022 setup blueprint
This post is merely a tutorial of sorts to show a potential 4 Hour Swing trade idea. I will give it a try. As long as my risk is contained then I am ok with the loss.
December 13th 2022 setup blueprint
This post is merely a tutorial of sorts to show a potential 4 Hour Swing trade idea. I will give it a try. As long as my risk is contained then I am ok with the loss.
Order cancelled:
Trade did not set up yet, if at all. It is in the middle of the range, which for me is a no go. Set an alert at the top to see what happens when it gets there.