Opened below bearish hammer.
Filled next day, strong bullish hammer closed below 10MA, but slightly above both 100 and 200MA.
Risky trade in a hindsight we'll see how market decides soon.
Filled next day, strong bullish hammer closed below 10MA, but slightly above both 100 and 200MA.
Risky trade in a hindsight we'll see how market decides soon.
Trade active:
Gaped below take profit. Moved stop to bottleneck of double bottom.
Should be gap and go, so moved take profit 33% to long term support, 33% to weekly moving average 200 and the rest on support of the monthly downtrend.
Should be gap and go, so moved take profit 33% to long term support, 33% to weekly moving average 200 and the rest on support of the monthly downtrend.
Trade closed: target reached:
Got stopped out in the middle of the gap