Hello dear traders! Welcome to this trading idea...
First, we have a few trading options here.
1. We can open short right now, with a small target profit at the previous resistance level...
2. Wait until the price tests our resistance level and sell or buy only after that.
3. Shorting position after the price comes down, an uprising diagonal (green) line, and will break down our marked red line price marking level.
In this situation, what we are waiting for is a selling opportunity. SELL
But... If the pair becomes bullish, we may go long later.
First, we have a few trading options here.
1. We can open short right now, with a small target profit at the previous resistance level...
2. Wait until the price tests our resistance level and sell or buy only after that.
3. Shorting position after the price comes down, an uprising diagonal (green) line, and will break down our marked red line price marking level.
In this situation, what we are waiting for is a selling opportunity. SELL
But... If the pair becomes bullish, we may go long later.
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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.
Related publications
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.