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harleylucatero2
May 11, 2020 10:36 PM

BMW Short Bias Short

BMWMIL

Description

BMW price just touched a weekly area of demand, but according to my set of rules. We are still in a downtrend. price approached the 20 ema spotted in the weekly time frame. A supply imbalance was created in the Daily time frame. Allowing us to take the short as a confirmation trade. of course, I'm not right 100% of the time so , use proper risk management if taking the short trade. I recommend 1%.
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