Price is currently retest at the key level. We would like to monitor if the price potentially reverse from the area by looking at the candlestick and overall price pattern together with a break of trendline to confirm on our Short bias
Always look at the position near the key level as it will give us clear SL and better RR
Important note to me and to my dear friends:
*There is no right or wrong setup, the important is a need to understand on how to manage our trade by knowing:
1. When to exit from the market when the price didn't go to our direction
2. When to hold and scale our trade if the price is in favor to our direction
3. When to secure our profit
* In trading the market, is either we make a large profit, small profit or we breakeven
Cheers!
Always look at the position near the key level as it will give us clear SL and better RR
Important note to me and to my dear friends:
*There is no right or wrong setup, the important is a need to understand on how to manage our trade by knowing:
1. When to exit from the market when the price didn't go to our direction
2. When to hold and scale our trade if the price is in favor to our direction
3. When to secure our profit
* In trading the market, is either we make a large profit, small profit or we breakeven
Cheers!