This is NOT an advice for Trade! This is my self education and analysis. PLEASE DO NOT TRADE on this.
I ENTERED LONG early @0622 because of the 9pro Dots and the last 3 candles were RED GReen towards the 34EMA. indicating that the Trend has changed and 9 dots indicating that the market acceleration has exhuasted.
Profit Target is generated based on the two most main factors of this trade and previous day Darvas 2.0 confirms my Targets are reasonable and will hit it, if not surpass it.
Trade:
Entered: $59.50
Profit Target: 60.27
I ENTERED LONG early @0622 because of the 9pro Dots and the last 3 candles were RED GReen towards the 34EMA. indicating that the Trend has changed and 9 dots indicating that the market acceleration has exhuasted.
Profit Target is generated based on the two most main factors of this trade and previous day Darvas 2.0 confirms my Targets are reasonable and will hit it, if not surpass it.
Trade:
Entered: $59.50
Profit Target: 60.27
Comment:
Yup! I lost that one. Propulsion Dots indicated correctly and trend did change towards uptrend for short period of time. If I looked at the Daily candle, it would've helped me that today's trend would/could be downward.