Hi Traders
I am going short at MARKET price. I think we have seen enough of the retracement. Nice little distribution went on, creating this little cluster. Price re-tested and is currently rejecting. I am taking this as a trigger to go short.
Risk reward on this one is 1:3!
Stop loss goes to breakeven as soon as price hits 1R.
Let me know what you think in the comments below. Good luck!
I am going short at MARKET price. I think we have seen enough of the retracement. Nice little distribution went on, creating this little cluster. Price re-tested and is currently rejecting. I am taking this as a trigger to go short.
Risk reward on this one is 1:3!
Stop loss goes to breakeven as soon as price hits 1R.
Let me know what you think in the comments below. Good luck!