Hello everybody! Thumb UP if you like this idea!
Recently price bounced from a 200 MA. It's just a quick trade. All targets on the charts 📉. We will see what price shows us further.
Reasons for trade:
1. MACD 6H shows down
2. AO 6H shows down
3. The price bounced from a strong resistance line 200MA (1D TF).
4. The last rising has to cool down before the next jump.
Recently price bounced from a 200 MA. It's just a quick trade. All targets on the charts 📉. We will see what price shows us further.
Reasons for trade:
1. MACD 6H shows down
2. AO 6H shows down
3. The price bounced from a strong resistance line 200MA (1D TF).
4. The last rising has to cool down before the next jump.
Trade active:
Ok, guys! We've reached our first target. Now I recommend you set a stop-loss closer to your price of the open position and wait for a second target $8120.
Comment:
Also, I give you little tips about what to do further in this screenshot below.
Comment:
If we reach 2 zone for increasing our short position we can expect falling to $7000 .
Trade closed: target reached:
My Congratulations! 1-st target reached!
