Reason for Exit:
I got the bullish continuation that I wanted, however, after price on the 4H made a higher low (HL), which was a favorable bullish sign, candle bodies formed below that HL to create a lower low (LL)—signaling strong potential for a turnaround. This break of the uptrend structure on the 4H has created a bearish sign and it is why I have exited my trade for profit.
I hope this helps, onto the next trade!
I got the bullish continuation that I wanted, however, after price on the 4H made a higher low (HL), which was a favorable bullish sign, candle bodies formed below that HL to create a lower low (LL)—signaling strong potential for a turnaround. This break of the uptrend structure on the 4H has created a bearish sign and it is why I have exited my trade for profit.
I hope this helps, onto the next trade!
Publicaciones relacionadas
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.
Publicaciones relacionadas
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.