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matlhodibanda
May 8, 2022 7:31 PM

Bearish Trend Short

British Pound/U.S. DollarFXCM

Description

Dharma 1H

A bearsh structure would be me assuming that price will continue to the down side or will be choppy in the coming day/s.
For this to be possible, price will not break area of supply and demand to the up side.

The Plan;
-Entry criteria
Market will not break the top channel.
(1,2,3 touch on the top channel) then fall.
Market breaking to the bottom channel and then re-test bottom channel.
Enter by re-test when i see a bearish reversal trend.

-Exit criteria
SL & TP
Comments
JoeChampion
1.21 on the table! great work
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