Note - my entry is 4000, I am already in this trade.
Premise:
1. The Bearish Divergence will close as it is, and then play out over the weekend
2. The Price will not break fib structure here
Execution:
1. Single entry : 4000 (1x short hedge only, will double down later if need be)
2. Stop : 4289
3. Target 3128
Result:
1. A 3.61:1 RR trade is completed
Premise:
1. The Bearish Divergence will close as it is, and then play out over the weekend
2. The Price will not break fib structure here
Execution:
1. Single entry : 4000 (1x short hedge only, will double down later if need be)
2. Stop : 4289
3. Target 3128
Result:
1. A 3.61:1 RR trade is completed
Trade closed: stop reached
Stopped out at breakeven.
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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.