Win/Lose - Rinse - Reload - Repeat
Just sharing an opportunity on my radar with you guys.
After getting stopped the bearish Cypher earlier today (the green pattern), I'm reloading for a potential Double Top on the H1 timeframe.
Price is a daily support/resistance level (was support and got broken a couple weeks ago, so we'd expect the level to become resistance), and the move stopping me out the Cypher got back in that zone with RSI being oversold.
I will be looking for a double top to form (a valid one according to MY rules) to give it another shot shorting this market. Now starts the waiting game!
Have a great week in the markets!
After getting stopped the bearish Cypher earlier today (the green pattern), I'm reloading for a potential Double Top on the H1 timeframe.
Price is a daily support/resistance level (was support and got broken a couple weeks ago, so we'd expect the level to become resistance), and the move stopping me out the Cypher got back in that zone with RSI being oversold.
I will be looking for a double top to form (a valid one according to MY rules) to give it another shot shorting this market. Now starts the waiting game!
Have a great week in the markets!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.