Wait for stochastic to leave OB zone
Scale out profits past 1st TP on the way to 2nd TP.
You can also adjust your SL to break even after price moves away!
Good Luck Trading!
All the best,
CharlieFX
Scale out profits past 1st TP on the way to 2nd TP.
You can also adjust your SL to break even after price moves away!
Good Luck Trading!
All the best,
CharlieFX
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Ignore OB being tagged by a stock, Just wait for stochastic to leave the "Overbought" zone.
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MACD indicator (Default) showing SELL signal, As I forgot to mention!
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B= 382 RETRACEMENT OF X-A
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1st Target Hit