I took the trade on Monday. The reason behind this trade was Price broke below the weekly trendline (Black). That was the signal for me to look for short set up.
I then looked at the lower timeframe and found my entry on the 1H.
1H: Price broke and closed below the weekly trendline, it pulled back to the M.A before continuing to the downside and managed to close below the weekly trendline again so I decided to execute short position.
I then looked at the lower timeframe and found my entry on the 1H.
1H: Price broke and closed below the weekly trendline, it pulled back to the M.A before continuing to the downside and managed to close below the weekly trendline again so I decided to execute short position.