After Multiple massive volume spikes its a good risk/reward to take to short here in my opinion
The doji candle gives a stop loss and hope the high of it doesnt break.
The doji candle gives a stop loss and hope the high of it doesnt break.
Note
First partial profit can be taken at 9231 (support area)Note
and partial profit takenNote
tradingview data is not showing all data points - 9231 was hit and we are adding at 10400 to the short
Note
time to add to the short here: and now we try to close it at 8131 - but will monitor current low of 9000
Note
time to close some of the short again here - support seems to hold on lower TFwill rethink later about adding or closing fully
Stop loss moved to breakeven slight profit
Note
let's hedge the short with a long here and see how much higher it goes - short position untouched due to nice entry
Note
partial profit on the long @9800 and convert to trailing stopNote
long hedge fully closedNote
and lets add the the short again here for 8130 should be the last trade for this ideaTrade closed manually
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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.