I opened two short positions yesterday. I have a few short positions that I opened last week, but I feel comfortable adding more now.
Entry - blue horizonal line in the chart.
Stop loss - red horizontal line in the chart.
Target 1, 2, 3 - black horizontal lines in the chart.
If it hit target one, I will move a stop loss to the entry position.Target 1 is the previous month low so I anticipate some correction. Once it resumes the downward movement, I plan to add position.
4H RSI provides reliable indication for pull back or trend reversal. So I will keep an eye on it.
If you are interested in knowing my reasoning for my bearish bias, please check out the linked articles I published last week.
Entry - blue horizonal line in the chart.
Stop loss - red horizontal line in the chart.
Target 1, 2, 3 - black horizontal lines in the chart.
If it hit target one, I will move a stop loss to the entry position.Target 1 is the previous month low so I anticipate some correction. Once it resumes the downward movement, I plan to add position.
4H RSI provides reliable indication for pull back or trend reversal. So I will keep an eye on it.
If you are interested in knowing my reasoning for my bearish bias, please check out the linked articles I published last week.
Dagangan aktif
Target 1 hitDagangan ditutup: sasaran tercapai
Taret2 hitNota
Target 3 hit
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.