Traders,
Looks like a nice short off of key levels. Liking the simultaneous sideways support turned resistance, and the 50MA, are acting the same as each other, as it serves as extra confirmation. Lots of levels to serve as evidence for possible down move.
A technical correction, testing the 50MA, could bring us into downtrend territory for longer periods of time.
We'll see.
Theres 3 SL models here
1)TP@ extension+SL at the high of recent highs- Very non aggressive traders (1.89 RR)
2)TP@ extension+SL at 50MA+recent high- Conservative entries (2.74RR)
Best of luck,
Tom
Looks like a nice short off of key levels. Liking the simultaneous sideways support turned resistance, and the 50MA, are acting the same as each other, as it serves as extra confirmation. Lots of levels to serve as evidence for possible down move.
A technical correction, testing the 50MA, could bring us into downtrend territory for longer periods of time.
We'll see.
Theres 3 SL models here
1)TP@ extension+SL at the high of recent highs- Very non aggressive traders (1.89 RR)
2)TP@ extension+SL at 50MA+recent high- Conservative entries (2.74RR)
Best of luck,
Tom
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免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。