I think this still has the strong possibility to head down to the target. I am holding in until stopped out.
meszaros
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@northernant, Yes, the short position should be kept. I did a technical SL correction so I stayed there, but Tradinview only allows 10 ideas to be published for 1 day so I can't post any more analysis today.
AntonySmith
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@meszaros, No problem. I will keep an eye on it for now and see how it goes.
meszaros
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@northernant, The positions have started. I'll continue posting the followings tomorrow.
AntonySmith
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@meszaros, Thanks. I look forward to your posts tomorrow.
Mayank0123
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@meszaros, What SL are you using at the moment, I have still put it at 50 EMA 1.25332
meszaros
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@Mayank0123, I understand. I do not set STOP LOSS levels with smooth moving averages (but that is also a perfect technique). But based on ATR distances. I use different ATRs in different time frames. For example, in the H1 timeframe, H1ATR. I have written many times how to count. H1ATR means the maximum distance of the price movement in the H1 time frame. If you move higher than that, the direction is no longer good (for me). These signs are white squares in my analysis.