[LONG TERM] One possible short position on Marine Harvest ASAWe have one possible short position on the CHXEUR:MHGO
1. If price touches the red area, check if there is divergence on either MACD or stoch . At the moment we can see MACD diverging from the price. If step 1 is fulfilled , continue.
2. If step is 1 fulfilled, we want to see either a double bottom or w/m pattern forming on 4H or 1H . Will demonstrate those patterns when the time comes. If step 2 is fulfilled , continue.
3. TP/SL will be set when necessary price action takes place in those areas. We will always wait for pullback no matter what. No pullback, no trade . If step 3 is fulfilled , continue.
4. Short when PRICE makes higher high . If it doesn't and instead makes lower low , abort this potential SHORT.