Updated from the earlier idea with adjusted fibs. Where the extension from March to recent monthly highs aligned, I used that fib as marked entry.
First gap comes from a large space in which there was no candle closures since the gap down; this may not be a technical gap down but may have an impact on price action. The true gap is small and marked within. Either way, this should make a nice move upward through that space.
- Solid uptrend established
- Still oversold on the daily
- Entry near the fib especially after a successful backtest as support would be a solid entry.
First gap comes from a large space in which there was no candle closures since the gap down; this may not be a technical gap down but may have an impact on price action. The true gap is small and marked within. Either way, this should make a nice move upward through that space.
Trade geschlossen: Ziel wurde erreicht
Finally got the move after a close above the fib in the gap, but fell back on market weakness and closed below. Will revisit on market strength.Tools for traders and investors smart enough to keep it simple.
TheStrat Suite is now free & open source 😘👌 TheStratSuite.com
Build on it: github.com/natebking/345-strategies
Everything else: 345strategies.com
TheStrat Suite is now free & open source 😘👌 TheStratSuite.com
Build on it: github.com/natebking/345-strategies
Everything else: 345strategies.com
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Tools for traders and investors smart enough to keep it simple.
TheStrat Suite is now free & open source 😘👌 TheStratSuite.com
Build on it: github.com/natebking/345-strategies
Everything else: 345strategies.com
TheStrat Suite is now free & open source 😘👌 TheStratSuite.com
Build on it: github.com/natebking/345-strategies
Everything else: 345strategies.com
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
