Gnarly Long KAVA
A pretty gnarly trade suggestion and not the cleanest with stop-loss placement.
We are above the cloud on the 1 hour and also higher time frames like the 12 hour. (along with the lagging strand). Almost looking for a continuation of the prevailing up trend.
In terms of stop-limit placement, it might be a bit of grin and bare it. Only smaller positions. The gains could be as equally big as the losses though.
A sensible trailing stop-limit could be the Parabolic SAR on the 1hour.
We are above the cloud on the 1 hour and also higher time frames like the 12 hour. (along with the lagging strand). Almost looking for a continuation of the prevailing up trend.
In terms of stop-limit placement, it might be a bit of grin and bare it. Only smaller positions. The gains could be as equally big as the losses though.
A sensible trailing stop-limit could be the Parabolic SAR on the 1hour.
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