OMG is about to fall down.
A short trade could be taken.
There is a chance on pullback, and since there were significant pullbacks, stoploss is set to minimum to get higher risk reward. If pullback happens, a trade should be considered invalid and new entry point should be found.
Anyway 7 R/R trade.
A short trade could be taken.
There is a chance on pullback, and since there were significant pullbacks, stoploss is set to minimum to get higher risk reward. If pullback happens, a trade should be considered invalid and new entry point should be found.
Anyway 7 R/R trade.
Trade closed: stop reached:
reversal