Why Fight The Trend??
Updated
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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