Very good setup here. It has made kind of double top in weekly time frame.
You can even short at current levels if you could optimize SL using swing high in hourly time frame. Even if it is not FnO it is good excercise to observe price with paper trade.
You can even short at current levels if you could optimize SL using swing high in hourly time frame. Even if it is not FnO it is good excercise to observe price with paper trade.
Trade active
Very Good Price action. Price gave us perfect entry at predefined entry level. Never went to our SL level. Even made swing high at our break even price.
We can safely move our SL down at breakeven.
Now this has become NO RISK trade.
This is what I call one good trade and high quality trade you should not miss.
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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.