Short on Uptrend Break
We have a break on current uptrend. Expecting a retracement bounce and will short somewhere between .382 and .618 once I see a nice engulf on the 2-5m chart breaking the retracement bounce. Looks like a good 1:1.5 RR trade for first target, and 1:3 for second target.
Note
Higher Time Frame Analysis:Trade active
Trade closed: stop reached
price broke up on retest =(
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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.