Reason for short
a) short only, if there is reversal candle near lower trend line as it may form breakout pull back trade.
Pull back short opportunity near lower trend line, if any reversal candle of inverted pin bar or engulfing candle near the lower trendline.
c) Trendline breakout and channel breakout
Sl compulsory
a) short only, if there is reversal candle near lower trend line as it may form breakout pull back trade.
Pull back short opportunity near lower trend line, if any reversal candle of inverted pin bar or engulfing candle near the lower trendline.
c) Trendline breakout and channel breakout
Sl compulsory