Risky short in H3 at 12pm based on negative morning momentum. It's a trade based on one candle, no confirmations down and no 2nd momentum seen yet, against the trend and at an ath.
Hence $ risk is suggested minimal, sl on ath. R 1:1 as target, unless a 2nd down momentum appears and sets new targets down.
Hence $ risk is suggested minimal, sl on ath. R 1:1 as target, unless a 2nd down momentum appears and sets new targets down.
Trade fermée: ordre d’arrêt atteint
Clearly a risky one candle play that did not find any follow-up. It is more often than not helpful to have a second momentum in place before taking a trade. However given the extra warning and the small $ risk an acceptable result.Improvement opportunity really, if any, would be on the scale of high hit-rate to wait for second momentum before taking a trade against the trend, if so at all.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.