CLU19, Order Sell Stop at BB2σ twice
CLU19, Order Sell Stop at BB2σ twice
On crude oil, chiko span in 15 minute chart eventually fell below BB-2σ, so I made hedge short. And the decline stopped at KPPI61 (Orange, point A) on the 60-minute chart.
I made short (S1) at 54.10 and after confirming the double bottom of the 15 minute, I took a profit at 53.73 where hekinashi tunred positive.
After that, the price rose sharply with a breakout of BB2σ, I put a sell stop at 54.87 and it was hit (S2). After that, it fell, but after hitting the BB center line, it rebounded very rapidly so I lost some profit and exit at 54.40.
Now, with the exact same pattern, I put a sell stop at 54.96 (S3) and and it was hit(S3). I still hold it.
Well, the shape looks like the double top, but crude oil is very persistent market, so there is still a possibility of triple top or break out.
Therefore, I still hold L1 at 50.90.
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