After Multiple massive volume spikes its a good risk/reward to take to short here in my opinion
The doji candle gives a stop loss and hope the high of it doesnt break.
The doji candle gives a stop loss and hope the high of it doesnt break.
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First partial profit can be taken at 9231 (support area)
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and partial profit taken
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tradingview data is not showing all data points -
9231 was hit and we are adding at 10400 to the short
9231 was hit and we are adding at 10400 to the short
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time to add to the short here:
and now we try to close it at 8131 - but will monitor current low of 9000
and now we try to close it at 8131 - but will monitor current low of 9000
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time to close some of the short again here - support seems to hold on lower TF
will rethink later about adding or closing fully
Stop loss moved to breakeven slight profit
will rethink later about adding or closing fully
Stop loss moved to breakeven slight profit
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let's hedge the short with a long here and see how much higher it goes - short position untouched due to nice entry
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partial profit on the long @9800 and convert to trailing stop
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long hedge fully closed
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and lets add the the short again here for 8130 should be the last trade for this idea
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