## Entry
- Enter short when price breaks and closes below major support
- Optional: wait for retest of broken support before entry
- Price below moving averages
## Stop Loss
- Swing high above broken support
- Risk maximum 2% of capital
## Take Profit
- TP1: Previous swing low (30% position)
- TP2: Next support level (50% position)
- TP3: Trail stop for remainder
- Enter short when price breaks and closes below major support
- Optional: wait for retest of broken support before entry
- Price below moving averages
## Stop Loss
- Swing high above broken support
- Risk maximum 2% of capital
## Take Profit
- TP1: Previous swing low (30% position)
- TP2: Next support level (50% position)
- TP3: Trail stop for remainder
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.
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.