Im looking to short AU
Reasons
1. Price is still below two descending trend line making bears control price action
2. Price is also below the 25 MA
Hoping to see more bearish activity to the point where we can see price action meet the 0.67 handle, which PA might meet and reject (demand zone) !
R:R
1:2.6
Happy trading day !
Reasons
1. Price is still below two descending trend line making bears control price action
2. Price is also below the 25 MA
Hoping to see more bearish activity to the point where we can see price action meet the 0.67 handle, which PA might meet and reject (demand zone) !
R:R
1:2.6
Happy trading day !
Comment:
Placing SL above entry point, running my position risk free !
Comment:
below *
Comment:
Exited the position early with a +4.5% ROI
