Notice the lack of volume around the resistance area, it was the first clue for us to open a VERY low risk short position. Even if the market rebounds hard, which is possible, I will be getting out safely with a moderate profit.
Now I have a safe short position open and I'm waiting for the next pattern to form. There's no need to predict the exact point where the market is headed,
the most important thing is to get into safe positions, let them ride and see where the market forms the next support/resistance.
For a more in depth explanation of my trades and for information that I don't want to disclose here, join my telegram group
t.me/joinchat/Bu0cshGb15e0IOEVctoMOQ
I will also post LIVE trades in my group, you're welcome to join !
Now I have a safe short position open and I'm waiting for the next pattern to form. There's no need to predict the exact point where the market is headed,
the most important thing is to get into safe positions, let them ride and see where the market forms the next support/resistance.
For a more in depth explanation of my trades and for information that I don't want to disclose here, join my telegram group
t.me/joinchat/Bu0cshGb15e0IOEVctoMOQ
I will also post LIVE trades in my group, you're welcome to join !