Keeping it simple here,
- We have two nice clear trend lines that have been respected previously
- Our daily OB has given us some nice resistance timing perfectly with the trend
- RSI is showing overbought
Playing it safe with a tight stop just above the wicks from the last few days or where ever you feel comfortable
Please comment if you find my idea useful :)
- We have two nice clear trend lines that have been respected previously
- Our daily OB has given us some nice resistance timing perfectly with the trend
- RSI is showing overbought
Playing it safe with a tight stop just above the wicks from the last few days or where ever you feel comfortable
Please comment if you find my idea useful :)
Trade closed: stop reached:
Stop hit and trade is now invalid.
Im still short and see this as being valid still