Even if I think down move will be a correction for one more upside instead of daily down impulse, I will take a short trade. I don't wanna miss any short trade setup under any circumstances, because the reward of down move can be huge. The structure looks like an expanding flat in 1H, so I have placed an entry order. After some drop, I will move my stop-loss to breakeven and I will leave it alone.
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.