we are still in the decision zone for the trend here It might be a bit risky to put our neck out too far ahead of price action, however we are suggesting prices runs up here
all targets hit from the previous signal we are warming up our win streak we are going short next
taking profit here then will reload for the further leg up
Here is our Signal that went out with this trade's winnings
Trend can either be your best friend or your worst foe When you don't flow with it, it can cause you 2 losses! This is okay though, as on the second loss you turn around and flow with it to victory
trend is your friend until it isn't instead of going against the flow, we are going to assume that the dominant trend is up
it appears we are misreading the dominant trend direction hang back until there is normality in the structure once more
we are anticipating some downward action here traders who leverage trade should go short
What's trading without its fakeouts right? It keeps the game interesting What is important is that we correctly protect our capital against surprises Thankfully we have set our stops to minimise the downside of these surprises Feel free to contact us in TradingView Chat with any questions
we have entered at this range and will be riding this short if you chose to join us, enjoy the profit PS - the last win was moderated incorrectly by trading view, therefore did not make it out
There is still room for further downward action I am publishing this trade early due to the pop on the oscillator It is our rule to protect capital first rather than trading with hope Enjoy your profit!
There may be some price movement up to $10450, but in case it does not we SHORT from here We look to earn 50% profit on this trade
Win Streak 4 - W4:0L Please invite your friends to my profile
This is the start of my dedicated win streak channel Keep close too this as you will be able to be very profitable by following my trades