I bought Delhaize at € 34,75.
Price made a double bullish divergence on the 1D chart between the price and the RSI, the divergence was made on a level with high support.
When we look at the price on the 1W time frame, it is at the support on the Supertrend indicator.
We're gonna "set a stop loss" on a 1W bearish flip on the Supertrend indicator at about € 34,57. Meaning that I'll look at the price every friday and see if the weekly Supertrend flipped bearish.
Stop loss is <1% + 1% fees
The risk I'm willing to take on this trade is € 500,00
So € 500,00 / 2% = € 25.000,00 trade value
I locked in about 20% of the trade value at € 34,75.
I will look to lock in more on a 1H and 4H Supertrend flip.
Price made a double bullish divergence on the 1D chart between the price and the RSI, the divergence was made on a level with high support.
When we look at the price on the 1W time frame, it is at the support on the Supertrend indicator.
We're gonna "set a stop loss" on a 1W bearish flip on the Supertrend indicator at about € 34,57. Meaning that I'll look at the price every friday and see if the weekly Supertrend flipped bearish.
Stop loss is <1% + 1% fees
The risk I'm willing to take on this trade is € 500,00
So € 500,00 / 2% = € 25.000,00 trade value
I locked in about 20% of the trade value at € 34,75.
I will look to lock in more on a 1H and 4H Supertrend flip.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
