Short on PME

By jason_rpprt
Updated
snapshot

PME is currently in an ascending channel with bearish RSI divergence. Has hit resistance at top of channel, stoploss above last swing high with target at next resistance level or could even come down to fill gap, moving SL to BE when safe to do so. RR 2:1
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Looking for a break of trend on smaller timeframe for entry
Trade active
ASXChart PatternsParallel ChannelPMEshortsshortsetuptradingideasTrend Analysis
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