Hi There,
Two ways to take this trade could be a sell stop below this double bottom or wait for a strong Move to the down side that will confirm the move down. We are focusing on our Y point below depending on the sharp move that the market will be making. If not sure about this trade , sell the retest of the broken floor meaning the ceiling.
Goodluck
Two ways to take this trade could be a sell stop below this double bottom or wait for a strong Move to the down side that will confirm the move down. We are focusing on our Y point below depending on the sharp move that the market will be making. If not sure about this trade , sell the retest of the broken floor meaning the ceiling.
Goodluck
Comment:
A sharp candle (Red/Bearish) that will close bellow the three bullish candle shall confirm the sell otherwise we wait.
