Microsoft - Daily Chart - Short Scenario
Planning to take a Short if
1. Price moves against Resistance level ( upper blue line)
2. Price falls under Trendline (orange line)
3. Would also like to see the Gap (orange circle) beeing filled before breaking down
Target:
Strong Support level (lower blue line) - there is also a gap above it.
Dont forget:
- Watch your Risk management
- DYOR (Do-Your-Own-Research)
- This information / article is only for educational purporses and not a recommendation to buy or sell. I'm not a Financial Advisor.
Thanks for reading!
trader_se
1. Price moves against Resistance level ( upper blue line)
2. Price falls under Trendline (orange line)
3. Would also like to see the Gap (orange circle) beeing filled before breaking down
Target:
Strong Support level (lower blue line) - there is also a gap above it.
Dont forget:
- Watch your Risk management
- DYOR (Do-Your-Own-Research)
- This information / article is only for educational purporses and not a recommendation to buy or sell. I'm not a Financial Advisor.
Thanks for reading!
trader_se
Trade closed manually
Price moved further up - no trade
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.
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.