Flag pattern in hourly hart retesting. the lower band
good luck
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If I see a very nice sell signal I might enter a short before break out. and leave the break out sell stop as add on. Still small position Stop loss will be very wide mine will sit above the flag pattern. for me it is OK because I am using a 1/2 of the position I usually go in so I can be a little more generous with my SL. use your own money management and see what fits you.
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***** PLEASE NOTE I AM NOT SELLING THIS AT THE MOMENT WAITING FOR STRONG SELL SIGNAL ***** if i dont get the sell signal i still have my sell stop below lower low.
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Short entry
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riccardo.pradella
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you wanna short it? i read it as false breakout, it depends on candle close anyway
KathysTheStockGal
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@riccardo.pradella, sorry it was from my last chart forgot to remove it. Please Ignore " it is a False Break out"
i have placed two different way if EU is short able.
one breaking the lower low
and 2nd if I see a strong sell signal by the Flag pattern.
ggod luck
riccardo.pradella
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@apple22, yeah sometimes TV show with delay the candle, not as was inserted! gg too!