Short term short based on pivot action
Hey folks,
I have opened a Sell Limit trade. The past lows and highs since Europe session start indicated to me that price wants to go lower for a few hours. To get a more beneficial Risk Reward ratio, I decided today to enter with a limit order at the P-line with a Target at the S1-line and a stop just above the last swing high.
Let's see how this one plays out.
Note: If price has gone more than halfway to S1 and my trade didn't activate yet, I will cancel the limit order.
I have opened a Sell Limit trade. The past lows and highs since Europe session start indicated to me that price wants to go lower for a few hours. To get a more beneficial Risk Reward ratio, I decided today to enter with a limit order at the P-line with a Target at the S1-line and a stop just above the last swing high.
Let's see how this one plays out.
Note: If price has gone more than halfway to S1 and my trade didn't activate yet, I will cancel the limit order.
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.