Just recently opened an XXCN short.
Its quite high up and looks like it wants to correct back down before continuing the trend or who knows...maybe full reversal.
On the lower tf the bears are in control at the moment.
Trade is roughly 3.78 RR if works out.
Its also a scalable trade so if starts to drop and bounce back up a bit I'll be looking to potentially scale in and tighten my stop to keep risk the same.
Its quite high up and looks like it wants to correct back down before continuing the trend or who knows...maybe full reversal.
On the lower tf the bears are in control at the moment.
Trade is roughly 3.78 RR if works out.
Its also a scalable trade so if starts to drop and bounce back up a bit I'll be looking to potentially scale in and tighten my stop to keep risk the same.
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Close. Waiting until later on
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Re-entered xcn short
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I scaled into xcn short a little bit. Thats my adjusted position
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Scaled into xcn short
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Decided to take 50% profit here
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Scaled into xcn short
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Re-entered xcn short
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Closed xcn short around Be
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Re-entered xcn short
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Got out
am wait until 30 minute candle close
or if it wicks up more so that I can have wider stop above the prior highs
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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.