Panjang
The Case for Milk with a Complete Strategy
Obviously you will have to select which targets you feel comfortable with on your own. One thing to keep in mind is target 2 may never get hit, unlike target 1 where there is a clear exit plan.
One way to execute that exit is If target 2 (previous peak in price) does not get hit, keep rolling the futures contract until it does or until stop for entry 2 is reached.
Another way is to close the position if structure invalidates a long position. Or take target 2 at a 382% or 61.8% retracement from entry.
Of course, you could always take target 1 for both entries!
Recent Milk analysis:
Advanced Pattern set-up in line with desired entry.
One way to execute that exit is If target 2 (previous peak in price) does not get hit, keep rolling the futures contract until it does or until stop for entry 2 is reached.
Another way is to close the position if structure invalidates a long position. Or take target 2 at a 382% or 61.8% retracement from entry.
Of course, you could always take target 1 for both entries!
Recent Milk analysis:
Advanced Pattern set-up in line with desired entry.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.