📌Short intro: Simple ideas - No junk * Full time trader - analyst * High accuracy of ideas * Technically and Fudnamentally side in analysis * Comment if have any questions or like if want to send support * FX - STOCK - CRYPTO * 💡 BMW technically based idea, we can see price is bounce from top trend line, its break structure, technically indicators showing we...
Browsing through some stocks and i come acros with several good setups ( mainly on the short side). Some stocks are at the supply level, others near. Either way in this case it is BMW that tested a daily/weekly supply level and is still near it offering an entrie for short with a +2 RR
Weekly chart for BMW with an interesting short setup. Weekly supply just ahead offering a good RR with a potential 13%/15% decline
Take care & analyzed it again - it`s always your decission ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Overnext month i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron