The day before yesterday there was also an inside day, which was failed with huge fluctuation that day! The difference between this one and the last one is that last one had not broken the inside week low yet.
That makes it better to short this inside day breakdown! So it'll be interesting to take this breakdown directly or looking for intraday set-up after it breaks. No intention to long the breakout though.
Let's see how it goes!
ความคิดเห็น
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While at the same time, this AB=CD and bullish butterfly combination worth noticing for potential fake breakout of the previous low.
ความคิดเห็น
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With several possible entries for this breakdown, I chose the inside hr in 22:00 to short and work nicely yo!
Even the inside day itself got its 1:1 kick !
Now hitting the AB=CD and Butterfly pattern, time to take some more profit from the short!
ความคิดเห็น
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New Low!!! Put the out above 1210 to trail!
ปิดการเทรด: ถึงเป้าหมายการทำกำไร
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Stopped out everything at 1210~ Power of trailing!
ความคิดเห็น
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Here we got a fresh and solid new formed inside day yo!
ความคิดเห็น
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(kinda a late update lol) Broke 1200 with HUGE momentum yo! Nice example to use inside bar to participate a trend!!
@Trader_Joe_Lee, Btw thanks for supporting my trading plan for USOIL yesterday.
Really get lots of profit instead of running away.
Trader_Joe_Lee
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@EatsMyLife, You are welcome!
Stick to every trading plan you made yourself and don't let ANYONE influences it if you got solid reason, stop loss, and execution plan .
Working on making better trading plans and strict execution rather than saving existing trades yo!
InvestingScope
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Excellent chart. We have the same bearish sentiment on a more medium term time-frame:
Trader_Joe_Lee
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@InvestingScope, Good analysis and result for both of us yo!