Actually we have a specific term to describe a triple inside bar, but I don't think that's proper here so let's still call it a triple inside bar lol.
As an intraday trader, a daily chart inside bar breakout usually implies a pretty large risk that exceed the normal risk amount. While of course, I would love to participate in this "triple inside day" long. Accordingly, I'll look for any possible intraday set-up to long US30 today before / after the market opens.
Let's see how it goes!
Commentaire
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Nice breakout yo!
Commentaire
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An important spot to take some profit with regards to this bat and the 25,000 fig.
Commentaire
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Already 1:2 risk-reward ratio! put the out below 24700 to trail!
what do you think about the next movement? do i keep hold the long or start short the market?
Trader_Joe_Lee
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@htk1996312, if you still got long positions, I'll be like "Don't lose your position in a bull market bro"!! I'm not saying that US30 will keep went higher, but I would very love to put a proper out to trail the recent uptrend!
WeiPeng
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Do you think the price will break 25000 as well
Trader_Joe_Lee
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@WeiPeng, I don't predict the market; what I'll do is to take some profit before 25000 ,hold the rest long with proper out , and see how it deals with the fig.