EJ bounces the trendline
Following the main trendline the price will ( hopefully ) bounce at the point and open the "stop order" placed on I'm expecting the trigger candlestick.
All orders are placed using "limit" or "stop" triggers, Ill never open order as a "Market" condition.
So if the price crosses the green box of the "visual order" component, means that I'm in profit, otherwise, let the stop loss save us.
If you are enjoying my analyses, please don't forget to follow my profile and keep me motivated to post all my thoughts every day!
If you have some questions or suggestions, please don't hesitate to message me!
This is not investment advice and I'm just a DEMO account trader.
Obrigado from Brazil!
Following the main trendline the price will ( hopefully ) bounce at the point and open the "stop order" placed on I'm expecting the trigger candlestick.
All orders are placed using "limit" or "stop" triggers, Ill never open order as a "Market" condition.
So if the price crosses the green box of the "visual order" component, means that I'm in profit, otherwise, let the stop loss save us.
If you are enjoying my analyses, please don't forget to follow my profile and keep me motivated to post all my thoughts every day!
If you have some questions or suggestions, please don't hesitate to message me!
This is not investment advice and I'm just a DEMO account trader.
Obrigado from Brazil!
Trade closed: stop reached:
Almost there...