Building Momentum
Price back to a zone of resistance creating a double top after almost reaching my target. Partials were taken and still left the trade to run.
On moving closer to the area of resistance, it created another short opportunity which I took aggressively with same stops as the my first entry.
Seeing that double top indicated to me that price is gathering momentum to the down side. That gave me more confluence hold short.
Also, double top in a down trend indicates a continuation to the downside.
I'm still very bearish.
On moving closer to the area of resistance, it created another short opportunity which I took aggressively with same stops as the my first entry.
Seeing that double top indicated to me that price is gathering momentum to the down side. That gave me more confluence hold short.
Also, double top in a down trend indicates a continuation to the downside.
I'm still very bearish.
İlgili yayınlar
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.