Entry parameters for a short entry is based on the following;
1. Price action pattern (double top) at resistance zone.
2. Confirmation of bearing engulfing candle on 1hr time frame.
3. Confirmation of divergence on RSI
1. Price action pattern (double top) at resistance zone.
2. Confirmation of bearing engulfing candle on 1hr time frame.
3. Confirmation of divergence on RSI
Trade active
Still holding trade
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.