Short
MCB 1h short
Setup: MCB is on a downtrend. Furthermore, the big red candle rejection off the 20 EMA confirm this.
Entry: 4.88
SL: Trail using ATR trailing stop loss value of 3.1. Current value is at 5.07
TP: 4.36
Entry: 4.88
SL: Trail using ATR trailing stop loss value of 3.1. Current value is at 5.07
TP: 4.36
Note
Close trade for a 0.72R profit, seeing the BTC showing some signs of reversal
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.
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.