SHORT
FOSL
at 12.52.
This one is a bit out of my comfort zone and will be a new strategy for me.
With the 200 DMA and YTD VWAP nearby overhead, and the previous candle a TD 9, I consider this a low risk trade.
My gut tells me to wait for a red 2 below the red 1 before entering.
And one should always trust their gut.
My stop will be above the recent high.
This one is a bit out of my comfort zone and will be a new strategy for me.
With the 200 DMA and YTD VWAP nearby overhead, and the previous candle a TD 9, I consider this a low risk trade.
My gut tells me to wait for a red 2 below the red 1 before entering.
And one should always trust their gut.
My stop will be above the recent high.
Trade active:
Still active but it really shouldn't be.
Always trust your gut.....
Always trust your gut.....