Description
⋅ After Multiple massive volume spikes its a good risk/reward to take to short here in my opinion
The doji candle gives a stop loss and hope the high of it doesnt break.
Comment
⋅ First partial profit can be taken at 9231 (support area)
Comment
⋅ and partial profit taken
Comment
⋅ tradingview data is not showing all data points -
9231 was hit and we are adding at 10400 to the short Comment
⋅ time to add to the short here:
and now we try to close it at 8131 - but will monitor current low of 9000 Comment
⋅ time to close some of the short again here - support seems to hold on lower TF
will rethink later about adding or closing fully
Stop loss moved to breakeven slight profit
Comment
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let's hedge the short with a long here and see how much higher it goes - short position untouched due to nice entryComment
⋅ partial profit on the long @9800 and convert to trailing stop
Comment
⋅ long hedge fully closed
Comment
⋅ and lets add the the short again here for 8130 should be the last trade for this idea
Trade closed manually
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