Hi all,
Very new to the mouteki trading system and just now trying to get a hold of the candles,trednlines and other concepts. Can someone validate this chart for me . My analysis is that the candle opening below the first candle break under the demand line is cause for a short ?
I'm currently short a small position looking for 149.00 , is that a reasonable profit level ? any help on calculating this would be great. !
Very new to the mouteki trading system and just now trying to get a hold of the candles,trednlines and other concepts. Can someone validate this chart for me . My analysis is that the candle opening below the first candle break under the demand line is cause for a short ?
I'm currently short a small position looking for 149.00 , is that a reasonable profit level ? any help on calculating this would be great. !
Attached Image