Not a super convincing setup, but definitely worth the trade! Remember, I only trade with 1% risk of total capital and you should too.
- On the daily we see price below the kumo cloud + a failed swing pattern for HEINY. - Uptrend line of this little move up broke. - I'm looking for a close below the kijun here > Renko shows me this is the case. - Although we will probably be looking at a bounce @ the 150 EMA, I have no problem entering market short here for a better R:R trade. - Don't mind the divergence on the chart, I cannot change it anymore > but the daily shows a big bear div, let's play!
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Trade still active, patience pays.
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Still in the trade, waiting for our target to be met.