Nice, so in Vr1's case, the target would be the mid 8's if that were to happen?
As we have talked about its best to use the trailing stops (emas) but I do like to have a target in mind to take profit off the table. Although the 60-80% these setups offer are good it's nice to see there might be a way of telling early if these will offer up more than that.
On a different note, have you looked into these setups on the weekly? I know the first iteration showed some promise on weekly setups. Have you noticed any or not interested? The only one I have seen is AGY (2017, golden cross on the weekly didn't happen until well into the breakout in 2021). It might be a bit ridiculous to look for a 65/200 week ema cross though...
Im not sure of the success rate of this setup yet but it seems pretty good, i think I've had 3/5ish over the last month or two work out, 50% win rate with consistent 60-80% returns and a pretty close stop is a recipe to grow the trading account very quickly!
