General Motors Company
Short
Updated

GM Short 5M DayTrade Conservative CounterTrend Trade

89
Conservative CounterTrend Trade
+ short impulse
+ T2 level
+ resistance level
+ volumed 2Ut-?
+ weak test
+ first selling bar close entry

Calculated affordable stop loss
1 to 2 R/R take profit

I also bought puts at $4.91 for March 20th

1H CounterTrade
"- long balance
+ unvolumed expanding CREEK
+ volumed Ut"

1D CounterTrend
"- long impulse
- neutral zone
+ exhaustion volume?"

1M CounterTrade
"- long impulse
- unvolumed T1
+ resistance zone
+ volumed manipulation bar
- volumed reaction bar looks for break
- volume distribution is long"

1Y CounterTrend
"- long balance
+ expanding volumed CREEK
+ resistance level"
Trade closed: target reached

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