I'm not in this trade, it's just to test my strategy.
I was long and got stopped, now I will short a retest of the diagonal, if we reach it.
Reason to short
- R higher than 3
- big RSI divergence on the daily
- Volume was decreasing during the uptrend.
- The rising wedge is compromised.
Risk 3%
I was long and got stopped, now I will short a retest of the diagonal, if we reach it.
Reason to short
- R higher than 3
- big RSI divergence on the daily
- Volume was decreasing during the uptrend.
- The rising wedge is compromised.
Risk 3%
Note
Note to myself = do not wait for a retest when it's so obvious on the daily. IF there's a retest, open another short.Trade active
I would adjust my stop like thisTrade closed: stop reached
stopped out in profit
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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.