Bullish Trend ahead @2020

In my trading strategy, I incorporate Andrew's Pitchfork, utilizing its median line as a signal for analyzing price action. This line often provides a basis for analysis, potentially aiding in decision-making. Additionally, I integrate Fibonacci Retracement, with a focus on the 38.2% levels, which are commonly observed as potential pivot points for identifying entry and exit points on the chart. Verifying the adherence of market trends to Fibonacci Retracement points, particularly at the 38.2% level, is considered important in assessing potential continuation or reversal patterns.

Trade ativo:

Buy@2020.05

Comentário:

Target@2037.63

Comentário:

New Target: 2035.03 tradingview.com/x/tJtBiCY4

Comentário:

tradingview.com/x/w3Hj11k2

Trade fechado: stop atingido:

SL hit@2020.10

Comentário:

It didn't hit my target. Ah right, if you gonna use this strategy, place your SL wisely.

I'll post another one when new buy/sell zone was hit

Comentário:

if you're still on buy, new Target is at resistance@2045.81

Comentário:

tradingview.com/x/HIxAgdxV

Comentário:

tradingview.com/x/K9Tre6KZ

Comentário:

New Target: 2040.56

Comentário:

New Target: 2060.90 tradingview.com/x/cbT2JyG1

Comentário:

New Target: 2051.07 tradingview.com/x/xf9PANh2

Comentário:

New Target: 2063.88 tradingview.com/x/EcGmQ1FO