Retrace more than upward trend line. Hold for at least a few days to see outcome.
Cut losses early if unconfident, protect gains when market move in your favour.
Note
dropping lower after retest trend line. could short now and stop at the trend line point if you don't mind the risk. otherwise wait for price to break 4443.
Note
short the pullback
Note
Booooom. protect your gains and take partial profits if you followed
Note
partial profit taken at 4340, stop to breakeven and let the rest run.
Note
short would've entered at 4500 or 4443, let these run. can try long at current level for quick profit. stop at 4324
Note
long would've played out well depend on how you entered and held. now there's opportunity to add short positions.
Note
load up the bag
Note
both trades stopped at breakeven if you entered as per above. price now in consolidate range.
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.
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.