RSI Been staying around the 70 level, looking for a mini short with potential to go further. Squeeze momentum dying off, divergence looks about to cross on MACD. SL set just above area of resistance we're at now, expecting a pullback of price to 0.618 fib level. Trade can then take profit and allowed to run for other TP's whilst stop loss is set to entry.
Risk Allocation: 0.5%
R:R = 1:3
GL
Risk Allocation: 0.5%
R:R = 1:3
GL
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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.