Shorting prev week mid range and prev month range
reasons to short
breakdown of trendline,
mid range of prev week
range bottom of prev month
bearish MS on D
invalidation
reclaim of prev month range, 4H close back in.
breakdown of trendline,
mid range of prev week
range bottom of prev month
bearish MS on D
invalidation
reclaim of prev month range, 4H close back in.
Trade closed: stop reached
stopped out - was wrongI wouldnt have done anything differently. I entered a short at range bottom while it was resistance.
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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.