Broken trendline = Check...
Bearish Divergence = Check...
RSI under 50 = Check...
MACD headed for the zero line with force.
STOCHs already holding zero as resistance...
Odds are in our favor here...
Set stops!
RISK NO MORE THAN 1% OF THE WHOLE ACCOUNT ON THE STOP!
That means this position should be no bigger than 10% of the entire account!
Bearish Divergence = Check...
RSI under 50 = Check...
MACD headed for the zero line with force.
STOCHs already holding zero as resistance...
Odds are in our favor here...
Set stops!
RISK NO MORE THAN 1% OF THE WHOLE ACCOUNT ON THE STOP!
That means this position should be no bigger than 10% of the entire account!
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.