$SCTY Short on 5 min chart Short

Description

⋅ Apr 13, 2016 2:28 PM

Going off of the 5 minute charts.

Risk Reward 1:2,
- Entry 28.82
-Stop at Kijun-Sen 29.05
-Target 28.38

Intraday Trade. Intraday MACD < 0 and Higher Timeframe MACD turning down but still above zero

Trade closed: target reached

⋅ Apr 13, 2016 3:51 PM

Target Reached.
- Kumo Twist Confirm
- Chikou Span below the Kumo cloud (confirming lower price action)