Daily triple bottom. *Pending confirmation*
Tradeplan: "IF/THEN"
If price closes @ 0.6238
Then i enter on a pullback to the EMA 50 1H.
1H Already over EMA 50
So a daily close in this area will trigger a 1H EMA entry long.
I use a algorithm to execute the trade for me.
Now i just wait.
Tradeplan: "IF/THEN"
If price closes @ 0.6238
Then i enter on a pullback to the EMA 50 1H.
1H Already over EMA 50
So a daily close in this area will trigger a 1H EMA entry long.
I use a algorithm to execute the trade for me.
Now i just wait.
Trade active
Executed.Stop set at 0.6192 ( below recent 4H SR.
Target: 0.6565 - Recent daily SR.
1:3.22 RvR ratio.
Tradeplan now: Add more on any leg going higher.
Entryplan: Touch of 1H EMA 50
(algorithm will execute on touch of the EMA, and place my SL)
Algorithm is semi auto, so i need to activate it when market trends.
-Solution for manual entry is set alerts on EMA 50 1H chart, and manually execute according to plan,when activated, only downside is if the trader is busy with a job or enjoying life.
Trade closed: stop reached
Stopped 100% of the position.
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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.