Getting back into the trading game with an fresh idea. Unsure of my analysis on this. If I see a retest of the resistance level with a move across the moving average, i would be looking to take a short.
Historic structure shows that there is probably more potential upside movement and therefore, will be more inclined to take a trade with a move to the upside, retesting my lower channel resistance line.
I trade on demo, let me know what you think.
Historic structure shows that there is probably more potential upside movement and therefore, will be more inclined to take a trade with a move to the upside, retesting my lower channel resistance line.
I trade on demo, let me know what you think.
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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.