LONG on ORCL

in Financial Markets5 months ago

REASON FOR THE ENTRY: Breakage of the 3P-Resistance at the close of the 2-day candle.
The closing condition for this position is imposed by one of the following events:

  • A break of the "Guide" line (in green) at the close of the 2-day candle.
  • A cross of the Hull MA at the close of the 2-day candle, with the short HMA being 100 periods and the long HMA being 200 periods.

Weekly position tracking, recorded in the comments section below.

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Moving SL following Trednline in green

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SL Moved

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SL Moved

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SL Moved
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Have a look on this:

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I have already reached 3R, moved SL ensuring 2R for the moment

Trendline broken, 4.73R
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