Reasons: Market are Bullish, Continuation Pattern Symmetrical Triangle, Above MA's, Put some Elliot wave (newbie)
Type of play: Break out with Trend following just cut your Losses and let your Profit Run
Entry: Buy on break out of Pattern and wait if it Sustain
Cut loss: tight cut loss Below swing low
TP: First TP possible 1st resistance sell 25%, 2nd...
I don't know the parameters of DB50 entry yet still back testing
reason: Ma's are in spaghettis right now, I don't know why i trade this one but the DB suppport are holding
TP: today Fix TP confluence DB TP and Resistance, Possible FIx TP 25%, bifg wick and red candle 25%, 50% but today DP TP only cause i can't Monitor the market
Cutloss: Below DB support,...
REASONS : Formed a continuation pattern DB and Triangle and also break out waiting to close above it
ENTRY : Buy on break out and wait for candle to close above to confirm
EXIT : Below the DB
TP: Possible DB TP or resistance
CH PLAY
Entry: wait for DB break and check if successfully closed above it
Cutloss: below DB or DB50
Take profit: DB TP previous box or possible resistance
REASONS: Above all MA's, Formed Continuations Pattern
ENTRY: Possible Entry Break out check if closed above DB
EXIT: Below DB
TP: DB TP or 4 months Resistance
REASONS: Inverse HNS, RSI stays on bullish zone, Above all MA's
ENTRY: buy on successful break out closes above
DB line
SL: below Right shoulder swing
TP: 50% on Structure TP and reamaing 50% use trail stop
using short/medium term MA'S
REASONS: CH play, RSI stays on bullish zone
ENTRY: buy on successful break out closes above
DB line
SL: below DB50
TP: 50% on DB TP and reamaing 50% use trail stop
using short/medium term MA'S
REASONS: Inverse head and shoulder, RSI 70
ENTRY: buy on successful break out closes above
neckline
SL: below right shoulder
TP: Aggressive 50% TP for the size of head and
conservative to the shoulder, 50% use trail stop
depends just use short/medium MA's
REASONS: ken hadouken play, symmetrical triangle
(super lolo), Above all MA's
ENTRY: Buy on break out possible 148
CT: Invalidation Level (142) or go hack to TA structure
TP: TP A for Aggressive TP B for Conservative
sell only 50% FOR TA structure and 50% for
trails top depends on your MA's or DB
