In this trade I show you a way to fade a rally into resistance at the Daily Pivot Range low. Then take profits as it retraces back to support. This turned out to be a Temperance trade in which we work the channel for small gains on short term scalp trades.
Trade closed manually
We take profits at support.
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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.
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.