Price action and chart pattern trading setup
Parallel channel support and resistance - possible doubled bottom - new technical indicator - Titanic Pattern
Smart money and banker chip volume support at doubled bottom positions - technical rebound expected.
> Entry at support parallel channel near bottoms
> Target at the upper parallel channel
> Stop loss at bottom plus average daily range (ADR)
> Risk Reward ratio: 1.5:1 for short term trade.
Always trade with affordable risk and respect your stop loss
Parallel channel support and resistance - possible doubled bottom - new technical indicator - Titanic Pattern
Smart money and banker chip volume support at doubled bottom positions - technical rebound expected.
> Entry at support parallel channel near bottoms
> Target at the upper parallel channel
> Stop loss at bottom plus average daily range (ADR)
> Risk Reward ratio: 1.5:1 for short term trade.
Always trade with affordable risk and respect your stop loss
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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.