"I would have called the upward trend of this chart back on Monday (13-1-20) and on Tuesday I immediately called that it would break the trend at the resistance to then bounce around in the marked off support and resistance zone, it would then continue to sell."
(The text provided above has been added from my trade journal)
I have not yet marked off an entry...
I am seeing a really strong resistance trend-line.
Key:
Yellow line - Resistance trend line
Green line - Support lines (safe tp lines)
Red Lines - Resistance lines (safe sl lines)
The R:R (risk to reward ratio isnt too bad either.
Thoughts?