TPW | ATH BO | Buy on breakout
Updated
ENTRY: Intraday buy because I can see that the price is already breaking in and out the ATH. My bias is that it will close above the ATH and it deed. The buy candle is the highest candle in the box or consolidation.
TP: Resistances - Box breakdown, RSI, MA breakdown
SL: ATH breakdown.
BAD: No momentum even though it is already ATH and forming HH so far. Holdingfor 9 days now with just 5% gain.
https://www.tradingview.com/x/960OKWak/
TP: Resistances - Box breakdown, RSI, MA breakdown
SL: ATH breakdown.
BAD: No momentum even though it is already ATH and forming HH so far. Holdingfor 9 days now with just 5% gain.
https://www.tradingview.com/x/960OKWak/
Trade closed: stop reached
Closed with losses :( What's with market yesterday? Note
Recovered after I sell on the long red candle. It's trailing the MA20Learning: ATH indeed has strong upside. It's not easily be pulled down.
Note
Buy back:Trade closed: target reached
TP not followed but decided to sell at the top of the brekaout. It looks like it will consolidate after the breakout so I sold on top then just re-enter later. Waiting is too long for the consolidation - 74 days total waiting period.
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