Happy Tuesday Traders, Investors & Gamblers 😃
Here I wanted to point out how important it is to prioritise horizontal lines over chart patterns an diagonal lines. It is hard to draw a trentdline sometimes if we don't have a decent amount of individual touchpoints of which we always want to have at least three to confirm the trendline.
If I would have relied on the trendline of the ascending channel on it's own, My S/L would have been triggered and the trade would be closed by now. 👇
Note that now we have a clear confirmation on where to draw the trendline with 4 touchpoints (yellow circles)
I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advise.
As always, A BIG THANK YOU for stopping by, I hope you liked my post! If you did, please take a second to drop a like or comment, every engagement puts a smile on my face, but also helps me to get my ideas out to many more of you guys! 😃🙏
Happy Trading ✌♥📈
Here I wanted to point out how important it is to prioritise horizontal lines over chart patterns an diagonal lines. It is hard to draw a trentdline sometimes if we don't have a decent amount of individual touchpoints of which we always want to have at least three to confirm the trendline.
If I would have relied on the trendline of the ascending channel on it's own, My S/L would have been triggered and the trade would be closed by now. 👇
Note that now we have a clear confirmation on where to draw the trendline with 4 touchpoints (yellow circles)
I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advise.
As always, A BIG THANK YOU for stopping by, I hope you liked my post! If you did, please take a second to drop a like or comment, every engagement puts a smile on my face, but also helps me to get my ideas out to many more of you guys! 😃🙏
Happy Trading ✌♥📈
Ghi chú
Key Horizontals:Ghi chú
$19.950 or $20k to make it easier, the level is key to regain next for the bulls!Ghi chú
Here we have a chance to continue in the trend with a strong close above aprox. 19.300$ Ghi chú
Must confirm back above trendline, until then I'm on the sidelines.
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Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.