it looks like snipers have a play to hit on the daily time frame as price has just hit the tenkan, price might look to do continuing pattern back to 2950, i'm playing this trade with 5 ethereum , stoploss 3420
Trade active
i now just entered a bit higher at 33668, i followed the scalping theoryt at 5 minutes, mainly you enter short at the the begining of the last high. means you look for the last green candle that happened before the breakdown
Comment
things working like planned , price almost hit stoploss yesterday , it missed buy 10 points, so far so good , let's wait patiently for the target
Trade closed manually
i'm closing in profit even though target is not reached; reason being slowness of price action. some may argue that the slowxer the better in terms of direction, but i prefer to book profits and look for other trades on lower time frames. i closed at 3203
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.