Reason for shorting this position is due to the text book double top patterning. Stop loss for this trade is currently in profit, this is a risk free trade. Stop loss is adjust from the 15 minute chart to new LH formed. THETRENDISYOURFRIEND.
Stay safe people.
Stay safe people.
Trade active:
Trade is still active for me, stop loss is still being moved as the trade continues down. 15 minute time frame shows the previous LH, where the current SL is at. At this point, we can close partials, or close the entire trade.
For a more detailed explanation on how this trade was entered from the double top, please message me or @me on instagram / yxngteflon.
I also have a running AI on a few pairs, HMU for more information
For a more detailed explanation on how this trade was entered from the double top, please message me or @me on instagram / yxngteflon.
I also have a running AI on a few pairs, HMU for more information
Comment:
IG @traemonies / yxngteflon