Short
OMG is weak
OMG is about to fall down.
A short trade could be taken.
There is a chance on pullback, and since there were significant pullbacks, stoploss is set to minimum to get higher risk reward. If pullback happens, a trade should be considered invalid and new entry point should be found.
Anyway 7 R/R trade.
A short trade could be taken.
There is a chance on pullback, and since there were significant pullbacks, stoploss is set to minimum to get higher risk reward. If pullback happens, a trade should be considered invalid and new entry point should be found.
Anyway 7 R/R trade.
Trade closed: stop reached
reversal
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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.