SQ Short position

Updated
hi traders,

Let"s take a look at SQ chart on the 4 hours time frame. We expect the price to bounce until it reaches the resistance line. The short position can be taken after It reaches the resistance line.

Entry, Stop loss and target are shown on the chart

Risk-reward ratio: 4,88
Trade closed manually
Closing it now with a beautiful profit. Congratulations if you shorted SQ with us.
Chart PatternsHarmonic PatternsTrend Analysis

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