Usually I am the "Set & Forget" type of trader, however for this trade I am taking a more conservative approach due:
1) I am looking to short, which is against the uptrend it is having now after the flash crash.
2) Many traders will be looking to sell here since it is a . I am cautious of a Bull Trap.
3) I am not convince if cant show me Overbought.
To look out for the standard reversal candle formations and possibly a deep entry into the zone, lets see how this plays out, I have set an alert to notify me when price is near my zones. I highly recommend traders to make use of this function to reduce your screen time and engage in more meaningful activities in your lives. End of the day we trade to free up time for our other priorities in life isn't it?
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