Moved my stop to BE
My logic behind this trade is as follows, if I’m expecting this month to be bearish, the best place to short would be as close to the monthly high as possible.
If the longer term trend is bearish then that monthly high should hold and the previous months low should be the next target.
Same concept applies on all times frames.
My logic behind this trade is as follows, if I’m expecting this month to be bearish, the best place to short would be as close to the monthly high as possible.
If the longer term trend is bearish then that monthly high should hold and the previous months low should be the next target.
Same concept applies on all times frames.
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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.
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.