DSKY - good idea for long: 1. Retest of previous short trend (weekly timeframe) 2. Alltime level retest (weekly timeframe) 3. Break of current short trend (hour timeframe) Profit / risk: - take at 101 at 50% Fibonacci level (18.6%) - stop at 82.9 below previous candles shadows (2.6%)
Entry after breakdown of upper or lower border of triangle. Stop order placed behind another border. Take at 50% Fibonacci (if long) or at previous long trend (if short).
Entry after breakdown of upper or lower border of triangle. Stop order placed behind another border. Take at 50% Fibonacci (if long) or at previous long trend (if short).