Good afternoon
so currently we are in a down trending market
what I see is the following :
- down trend
- a bearish triangle / flag
- market has been stalling on the line for a while : meaning a breakout will eventually occur
My entry signals:
- a break and close of the lower low : with retest then enter
- a break south of the triangle
stop will be above the previous high where the triangle has been placed and tps will be where areas of past strong support were
your friend Kris
If you have any questions or comments feel free to jump in and give me your perspective
mymentortv.com
so currently we are in a down trending market
what I see is the following :
- down trend
- a bearish triangle / flag
- market has been stalling on the line for a while : meaning a breakout will eventually occur
My entry signals:
- a break and close of the lower low : with retest then enter
- a break south of the triangle
stop will be above the previous high where the triangle has been placed and tps will be where areas of past strong support were
your friend Kris
If you have any questions or comments feel free to jump in and give me your perspective
mymentortv.com
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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.