we had created new lows and lower highs on the 30 min and on the daily we are bearish, our 50 moving-average was also above our 8 moving average with tells us to look for sells. we also go into the 5 min time frame for more conformations, we had then seen price pull back up into our support and resistance area where we got our entry with stops just above the orginal level we saw price react at.
2% risk on this trade
2% risk on this trade
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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.