Price reached the weekly resistance along with the retest of a previous broken long trend line. In the test of the weekly resistance the price broke, again, the long trend line and is now retesting it, but is already showing some rejection bearish candles. I`m waiting for a clear bearish price action to go short!
Trade active:
Nice Bearish push! There we go!
Comment:
The price came back to retest the broken support as resistance and gave us some strong seller pressure in the area, I`m going short again, so now I`m with two active selling orders.
Comment:
Still Holding On! There we go again!
Comment:
I`m closing half of my position an putting stop on the break even point.
Trade closed manually:
Price is finding some difficulties to make lower lows, It was a beautiful trade!
Don`t forget to eliminate your risk, put the stop loss in your entry price!