It's more like Scalp trading. I don't usually do scalping, but here is a low risk, and you can enter with a small position .. nothing to add here .. trend line is broken. I'm waiting for a price to make a pullback, follow it wherever it goes, and remember to stop the trail.
May all your position stop with a Take-profit.
PS. Leave your comment and thoughts.
May all your position stop with a Take-profit.
PS. Leave your comment and thoughts.
Comment:
The price moved against my analysis .. but as I'm writing this, we have a double top .. also evening star .. in lower time frames, we can enter in sell position in 50 % ret of the Black Candle.
Trade closed: target reached