After waiting a while another opportunity presents it's self
Weak price in buyers at top with the same range, looking at a ~130pip drop.
First I waited for buyers to break above resistance, and then to see what else they could do afterwards
As price went on we saw buyers try to step back in but only for sellers to keep pushing down creating Lower Highs and Lower Lows
This tells me buyers aren't too interested and could see sellers step in with more strength as time goes on.
Price is also consolidating around SMA-150 exactly after the rejection which tells me price is building up for a reversal.
Same rules apply:
- Shorts Only
- Setup will take 20 days start to finish
- The actual trade will take 6 days +
Weak price in buyers at top with the same range, looking at a ~130pip drop.
First I waited for buyers to break above resistance, and then to see what else they could do afterwards
As price went on we saw buyers try to step back in but only for sellers to keep pushing down creating Lower Highs and Lower Lows
This tells me buyers aren't too interested and could see sellers step in with more strength as time goes on.
Price is also consolidating around SMA-150 exactly after the rejection which tells me price is building up for a reversal.
Same rules apply:
- Shorts Only
- Setup will take 20 days start to finish
- The actual trade will take 6 days +
NathanAL
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
NathanAL
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.