Yesterday's daily rejection candle indicates that there would be a possibility of price reversal. Located near the resistance area, we could treat the candle as a signal for shorting the market.
You can place the trade now or using sell stop order for a conservative approach. High of the candle will also act as an invalidation or a signal that the market want to break the resistance and continue its upward movement.
Entry: Current price (aggressive) / Using sell stop below yesterday's rejection candle (conservative)
Stop: Above yesterday's high
Target: Nearest support area
Please trade with care :)
You can place the trade now or using sell stop order for a conservative approach. High of the candle will also act as an invalidation or a signal that the market want to break the resistance and continue its upward movement.
Entry: Current price (aggressive) / Using sell stop below yesterday's rejection candle (conservative)
Stop: Above yesterday's high
Target: Nearest support area
Please trade with care :)
Trade ativo
Lets pray that this trade will play out as expected :)Trade fechado: stop atingido
:(
Adityan Mulia, M.T
TradingView Indonesia
Email:
madityan@tradingview.com
Telegram channel
t.me/tradingviewindonesia
TradingView Indonesia
Email:
madityan@tradingview.com
Telegram channel
t.me/tradingviewindonesia
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Adityan Mulia, M.T
TradingView Indonesia
Email:
madityan@tradingview.com
Telegram channel
t.me/tradingviewindonesia
TradingView Indonesia
Email:
madityan@tradingview.com
Telegram channel
t.me/tradingviewindonesia
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.