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Henry_Ross
Dec 24, 2020 8:15 AM

Traditional|D|Short Short

Dominion Energy, Inc.NYSE

Description

Short D
Small idea.
TA:

Enter the trade when the support of the triangle (lower line) is broken.

Reasons: formation of three peaks of almost the same level, weakening of the RSI (Screenshot attached).

Change in local dynamics inside the triangle (min/max going down).
Orange is the last support zone, when it breaks and fixes, the trade can be closed (If it was opened).

Take - green zone.

Comment

Weakening of the RSI relative to the price chart.

Trade closed manually

The idea is closed to take +1.64%
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