What do you think of this Bullish Pennant?
This Bullish Pennant looks Good!
Please share your thoughts?
OPEN - I got in on the Bottom of the Triangle, so if it moves right. I get the most out of it!
CLOSE - There are more possibilities (Take Profits), so why not open smaller positions and take some Profits and leave some positions open to reach the Higher Highs!
Stop Loss - Most Important of all, if it breaks under the Triangle - I see CLOSE and wait for a Confirmation and see what my next MOVE can be.
THE MARKET IS NEVER AGAINST US - IT JUST DOES WHAT IT DOES.
YOU CAN BE RIGHT OR WRONG, THE ONLY THING THAT MATTERS IS HOW MUCH MONEY YOU MAKE & LOSE!
Good luck, just an idea!
I am not a Financial Advisor!
Please share your thoughts?
OPEN - I got in on the Bottom of the Triangle, so if it moves right. I get the most out of it!
CLOSE - There are more possibilities (Take Profits), so why not open smaller positions and take some Profits and leave some positions open to reach the Higher Highs!
Stop Loss - Most Important of all, if it breaks under the Triangle - I see CLOSE and wait for a Confirmation and see what my next MOVE can be.
THE MARKET IS NEVER AGAINST US - IT JUST DOES WHAT IT DOES.
YOU CAN BE RIGHT OR WRONG, THE ONLY THING THAT MATTERS IS HOW MUCH MONEY YOU MAKE & LOSE!
Good luck, just an idea!
I am not a Financial Advisor!