I took an aggressive SELL just when it touched a "not so important weekly trend line".
If you are not an aggressive trader, it's better to wait for a 4H candle to close following a flag for confirmation to find your sell setup.
If you are an aggressive trader and your strategy allows you to take this kind of trades, then go ahead and put an order under it with a tight stop loss
To see what I mean by the "wait for the trade setup" please check out the "Related ideas..." below and see how in the last forecast (Fiber, A SELL setup is in the horizon) putting an order and not jumping in the trade, saved us of taking a loss
Happy Trading, Stay Green! ✌️
➖➖➖➖➖➖➖➖➖➖➖➖➖
💬 Please let me know your view about the idea
🔗 Check out the "Related ideas..." in the links below too
➖➖➖➖➖➖➖➖➖➖➖➖➖
📌 Kindly note that Forexian is not a signal provider. The published idea is ONLY our views and analysis of the market!
Forexian does not take any responsibility for your decisions and/or trades.
If you are not an aggressive trader, it's better to wait for a 4H candle to close following a flag for confirmation to find your sell setup.
If you are an aggressive trader and your strategy allows you to take this kind of trades, then go ahead and put an order under it with a tight stop loss
To see what I mean by the "wait for the trade setup" please check out the "Related ideas..." below and see how in the last forecast (Fiber, A SELL setup is in the horizon) putting an order and not jumping in the trade, saved us of taking a loss
Happy Trading, Stay Green! ✌️
➖➖➖➖➖➖➖➖➖➖➖➖➖
💬 Please let me know your view about the idea
🔗 Check out the "Related ideas..." in the links below too
➖➖➖➖➖➖➖➖➖➖➖➖➖
📌 Kindly note that Forexian is not a signal provider. The published idea is ONLY our views and analysis of the market!
Forexian does not take any responsibility for your decisions and/or trades.
Comment:
1H view and the sell order possible place
