jurejepabk

Long trading the correction of a long term move

Long
jurejepabk Mis à jour   
FX:US30   Indice moyen Dow Jones Industriel
Long term orderflow suggests a deep correction.
H4 time frame gives us a good perspective of swing setups.
Whit correction trading we always have to be alert and on our toes, because you never know for sure where will the market pivot. Probabilities are weaker, but some times the short and long term orderflow gives us a set up we just cant ignore
Entry at: 24388
SL at: 23990
Initial target at: 24795 (but we could see price get to the area of 25000
Transaction en cours:
Target moved to stage 3 structure
Protective stop moved to BE+34
Transaction en cours:
Secured 73 points
Transaction en cours:
Price reached 61.8%. Getting aggressive with trail stop, we must not forget we are still trading the correction.
SL set to 364+
Transaction en cours:
Stop moved to 402+ points
Trade fermée: ordre d’arrêt atteint:
Trail stop took us out.
Now time to wait for the setup to sell it back down.

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.