Trading Strategy: Bearish Reversal Opportunity
Analysis Overview:
Following a sustained bullish trend, technical indicators, specifically an observed divergence, suggest a potential shift in momentum. The current outlook anticipates a new bearish trend, aiming for several projected profit targets (TPs).
Key Levels & Management:
Order Type Price Level Notes
Sell Stop Entry 205 Entry trigger point to initiate the short position.
Stop Loss (SL) 223 Maximum acceptable risk level to protect capital.
Take Profit 1 (TP1) 188 First profit objective.
Take Profit 2 (TP2) 170 Second profit objective.
Take Profit 3 (TP3) 153 Third profit objective.
⚠️ Important Disclaimer & Risk Warning:
All trading involves significant risk. The provided levels are for informational and educational purposes only and are not financial advice.
Always utilize stringent, disciplined risk management.
Prioritize the protection of your trading capital by strictly adhering to the defined stop-loss order (223).
Past performance is not indicative of future results.
Analysis Overview:
Following a sustained bullish trend, technical indicators, specifically an observed divergence, suggest a potential shift in momentum. The current outlook anticipates a new bearish trend, aiming for several projected profit targets (TPs).
Key Levels & Management:
Order Type Price Level Notes
Sell Stop Entry 205 Entry trigger point to initiate the short position.
Stop Loss (SL) 223 Maximum acceptable risk level to protect capital.
Take Profit 1 (TP1) 188 First profit objective.
Take Profit 2 (TP2) 170 Second profit objective.
Take Profit 3 (TP3) 153 Third profit objective.
⚠️ Important Disclaimer & Risk Warning:
All trading involves significant risk. The provided levels are for informational and educational purposes only and are not financial advice.
Always utilize stringent, disciplined risk management.
Prioritize the protection of your trading capital by strictly adhering to the defined stop-loss order (223).
Past performance is not indicative of future results.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.