lyle1098

lyle1098

uptrend exhausted lower high formed, potential short opportunity

lyle1098

price hit trendline and at major resistance level

lyle1098

pull back on strong upward trend. Bearish candle sticks losing momentum and showing rejection to the downside

lyle1098

clear and strong down trend. Market showing clear respect for trend line with 3 bounces off it. Waiting for a sign of rejection at the upper trend line. Good risk to reward ratio with a high percentage trade. Stop loss is tight and in a good safe area where price shouldn't enter if the trend continues.

lyle1098

pull back on strong up trend on hourly time frame. 1:3 risk to reward ratio