Trend is upside but a fall is needed either correctively or impulsively.
Based on our experience on such a setup, we usually see a pullback.
The strength of the trend usually dictates the strength of the pullback.
But a pullback is needed in this case, the sell trade.
Trade with care use a stop loss.
Based on our experience on such a setup, we usually see a pullback.
The strength of the trend usually dictates the strength of the pullback.
But a pullback is needed in this case, the sell trade.
Trade with care use a stop loss.
Note
move your stops to break even if you took the first entry @50078.33Trade closed: target reached
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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.
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.