So many reasons to take a short, such as Evening Star on the weekly, price within a significant resistance zone, at the top of a descending channel that has been respected several times.
I am looking for a retracement since that will be a better entry with an improved R/R.
If you like my trade idea, please give it a "thumbs up" and follow me to get immediate notifications.
As always, please use sound money and risk management in all your trades.
If you are trading next week, it would be a good idea to reduce the risk you take.
Happy holidays!!
I am looking for a retracement since that will be a better entry with an improved R/R.
If you like my trade idea, please give it a "thumbs up" and follow me to get immediate notifications.
As always, please use sound money and risk management in all your trades.
If you are trading next week, it would be a good idea to reduce the risk you take.
Happy holidays!!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.