I'm Short again now at 7960, right in the honey hole between the 200 and 100 daily MA. Nice 15 min reversal candle to and a 5 min MACDH divergence for sell confirmation.
Expecting a retest break of the rising wedge reversal pattern for first take profits zone.
Expecting a retest break of the rising wedge reversal pattern for first take profits zone.
Trade closed: stop reached:
Tight stop on this at 7960. As expected when it broke powerful move long happens. Thee short trades are great because when they fail they often provide a great opportunity to simply reverse and capture a great long as in this case
About me: I'm a retail day trader (trading since 1993). Most ideas here are for short time frames and become profitable quickly. I take profits fast as things change fast. 1-2-1 mentoring sessions available.
Telegram coming soon.
Telegram coming soon.