🍀Overview
- I am not a discretionary technical analyst, so I rely on predefined setups rather than subjective chart analysis. I built the rules into a strategy to make the decision-making process more systematic.
- This setup occurred before the strategy was developed. The trade is documented retrospectively and will be followed until the strategy exits or a discretionary exit is executed according to predefined rules.
🍀Process
Ticker:
CCEP Date: 23/03/2026
Timeframe: Daily
Direction: Long
Strategy: Reversal Strategy
Strategy Overview: Overview: A Reversal Strategy for Trading on the Daily Timeframe
Strategy Chart: Please refer to the 2nd screenshot
Signals
- Main signal: RSI Signals crossed above 30, indicating an exit from the oversold zone. This contributed a score of 0.5
- Confirmation signal: NATR Oscillator reached 100, exceeding the required threshold of 80. This contributed a score of 0.5
Signal Scoring
- Main signal score = 0.5
- Confirmation signal score = 0.5
- Long setup score = Main signal score + Confirmation signal score = 0.5 + 0.5 = 1.0
- Long score threshold: 1.0
- The long setup score met the required threshold. The strategy therefore placed a long bracket order.
Risk Management
- Reward-to-risk ratio: 4:1
- Entry: 92.59 (the close of the setup candle)
- Stop distance: 9.82 (approximately 4x daily ATR)
- Target distance: 39.32 (approximately 16x daily ATR)
Order Management: Bracket order
- Limit entry: 92.59
- Market stop: 82.77
- Limit target: 131.91
Baseline
- Assume the worst has already happened: the stop loss has been reached.
🍀Outcome
Trade Execution
- 23/03/2026: The daily candle closed, triggering the strategy to place a long bracket order.
- 24/03/2026: Price reached the trigger level, and the long entry filled.
Trade Status
- Trading: active
P.S. I’m currently applying this strategy to the Nasdaq-100. Let me know which stock you’d like me to look at next.
Stay lucky!🍀
buymeacoffee: buymeacoffee.com/flukefluke_
Stay lucky!🍀
Stay lucky!🍀
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
buymeacoffee: buymeacoffee.com/flukefluke_
Stay lucky!🍀
Stay lucky!🍀
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.