TECHNICAL ANALYSIS: I posted this short position on the 18th.. it took only two days to play out; and those who took this trade doubled their investment. Not only did we have a divergence on our money momentum, which was moving out of the market, but we had a rejection on the extended linear regression channel, and a swing failure pattern at our 1-hr supply level on 17 Aug. This was a perfect setup, with a risk/ reward at 8:1. Everyone in the group took major profit using these indicators!
🔔 Follow for daily stock, crypto and forex technical analysis .
⚠️ Trading is risky, and I understand nothing is guaranteed. Proper risk management should be in place at all times to minimize losses. Please consult a financial advisor before trading. All Inclusive Trading LLC is not a financial advisor and may not be held liable for any losses which may occur.
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.