Buying opportunity, appears to be a continuation to the upside for the continuation of our uptrend. Earlier entry was missed, however, this entry was made on a smaller timeframe, presenting an opportunity. Stay safe people.
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.
Not the most ideal risk/reward ratio, however price action conformation on lower time frames. Trade was executed and entered on the hour time frame, but trend was followed from the four hour time frame. THETRENDISYOURFRIEND
stay safe people.