Large bearish engulfing bar rejecting the daily 21 EMA, trendline and fib 38% level. Hoping for another impulse move lower.
Trade closed: stop reached
Entered too early. Should have waited for a break of the trendline for entry and have perhaps waited for price to have hit the (bearish) trendline resistance.
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.
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.