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Lamassu_Trade
Oct 1, 2022 11:27 AM

Mkr is getting Ready for short Short

MKR / TetherUSBinance

Description

as you can see we are in an uptrend channel in 4H actually seems it was a pullback to a broken pivot daily, and we are in a supply zone, if you are long it's better to save and risk-free position,
also, we have divergence in 4H and 1H, you can short in here with tight stop loss or you can wait to break dynamic support then short...

Trade active

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Trade is activated and we are in profit :DDD

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set tp1 : 688 tp2: 610

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do not forget to risk-free your position.

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we are going for a pullback to broken dynamic support...

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the pullback is completed, you can short here around 760-763 and set stop above 780

Trade active

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our short position is still valid...

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divergence is clear on 4h ...

Trade active

Trade closed: stop reached

my stop hint with shadow, I will wait for another opportunity

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if you have any short position set stop loss above pivot around 800

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I am getting ready for a new position in the upper supply zone, check my new analysis. also, my stop loss hint, its no problem because I have a risk management plan, you should have too.
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