$OLO looks like but is not a HTF. I'm treating it like it is. To qualify it should rise over 100% or more and pullback no more than 20%. Once again, it has the essence of the HTF so I'm playing it with an early entry as it breaks the short term downtrend line.
My stop is very tight at around $1.00 below entry (Around because it depends on how it acts, if fast drop $1.00 for sure if slow pullback may give it a little more room.). It either goes or I'm out.
Ideas, not investing / trading advice.
My stop is very tight at around $1.00 below entry (Around because it depends on how it acts, if fast drop $1.00 for sure if slow pullback may give it a little more room.). It either goes or I'm out.
Ideas, not investing / trading advice.
Trade closed: stop reached:
False break-out on high risk early entry.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.