Re-testing after it broke the support line
I observe that the price broke the support line few days ago after forming a perfect double top pattern. The price is now re-testing the support line.
If the price goes lower than 85.0, it's a good time to Short. So, just WAIT for 2-3 days
If the price continues going higher, we will re-consider.
Entry: 85.0
TP 1: 84.0
TP 2: 83.0
R:R ratio should be 1:2 or 1:3
Trade at your own risk.
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Less is more
Simple is perfect
Patience is the key
If the price goes lower than 85.0, it's a good time to Short. So, just WAIT for 2-3 days
If the price continues going higher, we will re-consider.
Entry: 85.0
TP 1: 84.0
TP 2: 83.0
R:R ratio should be 1:2 or 1:3
Trade at your own risk.
---------------------------
Less is more
Simple is perfect
Patience is the key
İşlem aktif
The price had been below Entry level of 85.0. An Sell limit order might be filled, of course, if i place this order.
But i didn't. I am still waiting until the day ends and see what kind of the candle will be. Right now, it is a bearing engufing, its good, but who knows! We still have 10 hours to get a new candle.
Be patience