Short trade:
Failed to make a new higher high. Downtrend continues. Looking to test the previous low.
Could break lows and continue lower or retest the previous low forming a narrow triangle.
76% of Retailer Traders are long. Continue shorting.
Risk 1% / Current Reward Ratio on the post would be a 1:1.
Let me know what you think of the idea in the comments. Please remember to like if you agree.
Failed to make a new higher high. Downtrend continues. Looking to test the previous low.
Could break lows and continue lower or retest the previous low forming a narrow triangle.
76% of Retailer Traders are long. Continue shorting.
Risk 1% / Current Reward Ratio on the post would be a 1:1.
Let me know what you think of the idea in the comments. Please remember to like if you agree.