ROLEXRINGS Swing Trade

Aktualisiert
1. Bullish Engulfing on Weekly TF.
2. Made Higher Low around 1700 levels.
3. Doji followed up with Bullish candle (where Open = Low).
4. a. Very good Risk to Reward (about 1:3) in short term.
b. Risk: Reward - 1:5 in longer time frame
Anmerkung
Waiting for Daily Candle to close above 2000 for entry.
Anmerkung
Made a High above 2050. But came back swiftly below 2000. Again, Its a really good setup. Need a proper breakout for Entry with better conviction.
Trade ist aktiv
Entered the trade.
Anmerkung
Moving as expected. Trailing SL moved to 1900 (Daily Closing basis)
Anmerkung
Not moving as expected.. Buyers very weak here.

Price trading near trailing SL -- 1900.
Close below 1900, will close the trade with a minor loss.
Trade geschlossen: Stop wurde erreicht
Chart PatternsTrend Analysis

Haftungsausschluss