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.
Operación cerrada: objetivo alcanzado
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.
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TheStrat Suite is now free & open source 😘👌 TheStratSuite.com
Build on it: github.com/natebking/345-strategies
Everything else: 345strategies.com
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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
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.