Hi traders,
I entered a Short position with a tight Stop Loss, since we bounced back from the 4H Resistance (Sep 04, 2020).
I'm keeping a close eye on the 1H uptrend line. If we break that one, I will add to my position.
If you you like posts, please give me a thumbs up or a follow. Thanks!
Happy trading :-)
I entered a Short position with a tight Stop Loss, since we bounced back from the 4H Resistance (Sep 04, 2020).
I'm keeping a close eye on the 1H uptrend line. If we break that one, I will add to my position.
- Don't use this as standalone strategy. Combine this with your favourite indicators to get confirmations.
- This is not financial advice, but meant for educational purposes.
- As always, Do Your Own Research!
If you you like posts, please give me a thumbs up or a follow. Thanks!
Happy trading :-)
Trade closed: stop reached:
One spike triggered my Stop Loss. Looking back, I had put it too tight. Lesson learned.
Looking for a next setup. Stay tuned :-)
Looking for a next setup. Stay tuned :-)