Looking at short positions as pair is in a bearish trend.
Looking a bearish continuation after the short break above the bearish trend.
This is a long-term swing for me looking forward at least 3-4 months.
I would need to zoom in to get a better entry point, once price approached the major resistance zone .
**This is just my trading thought process and does not constitute as financial advice.
**Trading with proper risk management
Looking a bearish continuation after the short break above the bearish trend.
This is a long-term swing for me looking forward at least 3-4 months.
I would need to zoom in to get a better entry point, once price approached the major resistance zone .
**This is just my trading thought process and does not constitute as financial advice.
**Trading with proper risk management
Trade active:
Trade is still active. First profit zone reach. So took some profit. If there is a retracement to the resistance trendline, I may add to my position again and to ride it down to the First profit zone. Depending on the strength of the bearish push, I may hold on until it reaches the Final Profit Zone.
Comment:
First Profit Zone reach again! I would take some profit again at this point and hold until the Final Profit Zone
Comment:
Trade is still active. Another short opportunity has presented itself. Taking another short position and holding until the First Profit Zone is reach again.
Trade active:
Trade is still active. Stop loss has not been hit yet. Adding to my position and holding until the First Profit Zone
Trade closed: stop reached:
SL hit but still made profit due to proper risk management