Possible Short on break of recent upward trend
Looking to short once we get a break in current upward trendline + a retracement. Will look for price action to confirm entry on 1 or 4 hour chart along with Stoch RSI confirmation.
Positions along with stop loss and take profit will be updated if the price moves as anticipated!
Positions along with stop loss and take profit will be updated if the price moves as anticipated!
Note
Looking for a retracement now to enter.Note
Didn't have a chance to enter this trade as price broke (20) most current upward trend and went straight for the next support line..
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.