Another interesting stock, in June the moving average of 50 periods went below the moving average of 200 periods which creates what is called in technical analysis a dead cross, and since then the price was always under the moving average of 200 periods. Now the price reaches a price level of 57.68 already used in the past as support in May and in June 2021. The...
It is just a friendly reminder of bear market rallies and how brutal they are. The setup is still as before: Shorting every spike up, and keeping leverage low while taking some profit at the same time.
This is the only ETH SHORT ENTRY & previous ETH entry is INVALIDATED NOW. This trade setup has the HIGHEST PROBABILITY, compared to previous 2 entries.There are no SURE SHOTS in trading,BUT THIS IS ...
This is 1:10 Risk to Reward trade.Close with full volume ,because my previous sell entries are still running. Now read the title again 😉
If my current entry will stopped me out then this is the backup entry. Next level risk management 😎 This is 1:6 Risk to Reward trade.Close with full volume ,because my previous sell entries are still running.