This is a high-risk setup, proceed with caution.
A conservative trader would wait for a retest before placing a buy order but in order to buy we wait for a dip - that is what we are doing, travelling the dip.
It may dip or continue up without a dip, but it's a good chance it will.
The price is respecting the supply line multiple times earlier, not much juice left but still a good sell for high risk setup.
Only 0.5% risk per trade, minimize risk by putting stop loss to entry at 1.5 RR.
A conservative trader would wait for a retest before placing a buy order but in order to buy we wait for a dip - that is what we are doing, travelling the dip.
It may dip or continue up without a dip, but it's a good chance it will.
The price is respecting the supply line multiple times earlier, not much juice left but still a good sell for high risk setup.
Only 0.5% risk per trade, minimize risk by putting stop loss to entry at 1.5 RR.
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.
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.