I bought my position today
August 8, 2023
Reasons:
1. Low-risk entry point
2. Coming from a classic cup and handle
3. Good shakeout on the handle area
4. High relative strength line
5. It is in a confirmed stage 2 uptrend
6. Volume dries up, indicating less supply coming to the market
7. Huge volume on the breakout
Flaw:
No identifiable flaws this far
I'm expecting some follow through and constructive price action in the upcoming trading days.
August 8, 2023
Reasons:
1. Low-risk entry point
2. Coming from a classic cup and handle
3. Good shakeout on the handle area
4. High relative strength line
5. It is in a confirmed stage 2 uptrend
6. Volume dries up, indicating less supply coming to the market
7. Huge volume on the breakout
Flaw:
No identifiable flaws this far
I'm expecting some follow through and constructive price action in the upcoming trading days.
Operación activa
I reduced some positions today after it underwent some violations.Operación cerrada: precio stop alcanzado
I got stopped out at -7% loss in this trade. So many violations and my stop is also triggered.Trade closed on August 16, 2023.
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.
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.