Note : using Heikin-Ashi candles.
Short: closed by the Stop executed at 26007, causing a loss of 224 points.
Long : being placed at H of the day +20 = 26237, with a Stop under the Low of the day -20 = 25719, and a Target at 27266.
We are going Long because:
- high Negative volume accumulation presented in 2 legs (august 6th and 15th) serving as a potential futur Support
- divergence in favor of the indicators in the below pane vs the low prices of the two legs indicating possible reversal
We will see...
Short: closed by the Stop executed at 26007, causing a loss of 224 points.
Long : being placed at H of the day +20 = 26237, with a Stop under the Low of the day -20 = 25719, and a Target at 27266.
We are going Long because:
- high Negative volume accumulation presented in 2 legs (august 6th and 15th) serving as a potential futur Support
- divergence in favor of the indicators in the below pane vs the low prices of the two legs indicating possible reversal
We will see...
Wyn-Trader