The main objective of using Chandelier Exit is to alert the trader to a possible trend reversal after an extended trend. During lower volatility trading sessions, traders set small trailing stop losses. This allows them to close their trades near the top and get maximum returns on their investments.
A chandelier is a fancy light fixture that is often ornate and hanging suspended in the middle of a formal space. Walk into a grand ballroom and see a light fixture adorned with sparkling crystals? That’s a chandelier.
A chandelier is a fancy light fixture that is often ornate and hanging suspended in the middle of a formal space. Walk into a grand ballroom and see a light fixture adorned with sparkling crystals? That’s a chandelier.
