jurejepabk

Long trading the correction of a long term move

Largo
jurejepabk Actualizado   
FX:US30   Índice Dow Jones Industrial Average
Long term orderflow suggests a deep correction.
H4 time frame gives us a good perspective of swing setups.
Whit correction trading we always have to be alert and on our toes, because you never know for sure where will the market pivot. Probabilities are weaker, but some times the short and long term orderflow gives us a set up we just cant ignore
Entry at: 24388
SL at: 23990
Initial target at: 24795 (but we could see price get to the area of 25000
Operación activa:
Target moved to stage 3 structure
Protective stop moved to BE+34
Operación activa:
Secured 73 points
Operación activa:
Price reached 61.8%. Getting aggressive with trail stop, we must not forget we are still trading the correction.
SL set to 364+
Operación activa:
Stop moved to 402+ points
Operación cerrada: precio stop alcanzado:
Trail stop took us out.
Now time to wait for the setup to sell it back down.

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