Well, it does look like there is still some room for a short trade that might actually hit.
Personally, iam not 100% confident in this trade, but i would have liked to see more confirmations before taking the short entry, yet still i think it is still worth the risk.
if you want more confirmations then here is the thing, wait the price to close below this yellow line, and i mean a close not a wick, then wait the price to pullback and take a short position.
my confidence in this setup is 6 out of 10.
Personally, iam not 100% confident in this trade, but i would have liked to see more confirmations before taking the short entry, yet still i think it is still worth the risk.
if you want more confirmations then here is the thing, wait the price to close below this yellow line, and i mean a close not a wick, then wait the price to pullback and take a short position.
my confidence in this setup is 6 out of 10.
Trade closed: target reached
TP1 hit :DNote
Iam still expecting tp2 to also hit, but it will take more time. Just move your stoploss to breakeven
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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.