Why Fight The Trend??
Hello All!
Trading doesn't always have to be complicated! This has been a strong consistent bear trend, and I am looking for at least one more leg along this trend before we encounter a strong potential support & previous low.
For Entry: I will look for an engulfing bear candle and follow the momentum! If we get a break of the trend line I will not enter. Its all about following your plan to the T.
Cheers!
Trading doesn't always have to be complicated! This has been a strong consistent bear trend, and I am looking for at least one more leg along this trend before we encounter a strong potential support & previous low.
For Entry: I will look for an engulfing bear candle and follow the momentum! If we get a break of the trend line I will not enter. Its all about following your plan to the T.
Cheers!
Trade closed: target reached
Hope You guys caught this nice little move! Now, we take our money and run ;)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.