Hello traders.
I think it will make daily running or expanding flat before it goes up one more time. That's why I'm looking at short trade setups. The structure between green lines can be an expanding flat and as you can see it broke the blue trendline. Now, it's making a correction. Putting an entry order can be a good idea. There is no target at this point.
I think it will make daily running or expanding flat before it goes up one more time. That's why I'm looking at short trade setups. The structure between green lines can be an expanding flat and as you can see it broke the blue trendline. Now, it's making a correction. Putting an entry order can be a good idea. There is no target at this point.
Trade active
Note
Move the stop-loss to the previous top. Note
Like I said today's video analysis it went up. So, stop is reached. Breakeven trade for me. Now, I'm waiting for a new short trade setup.
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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.