NASDAQ:ARPO
hello friends!
Today we have another good short for intraday trading.
What's on the chart:
1. Strong historical level of 12/9/2020
2. A level on the round number, which gives it extra strength.
3. The level is repeatedly confirmed by false breakdowns
4. Strong upward movement for the last 3 days by 76%.
Scenario:
Entry into the short at the breakdown of the level of 1.9
And of course an important reminder: even though our statistics confirms 70% positive directions of movement, enter the trade only after your own analysis and be sure to use stop loss orders
hello friends!
Today we have another good short for intraday trading.
What's on the chart:
1. Strong historical level of 12/9/2020
2. A level on the round number, which gives it extra strength.
3. The level is repeatedly confirmed by false breakdowns
4. Strong upward movement for the last 3 days by 76%.
Scenario:
Entry into the short at the breakdown of the level of 1.9
And of course an important reminder: even though our statistics confirms 70% positive directions of movement, enter the trade only after your own analysis and be sure to use stop loss orders
Order cancelled:
gap on SPY broke the model. opened under the level.