Potential short based on timeframe agreement

٨ أغسطس ٢٠١٩

Good signs of being overbought on the daily and reference point for stoploss above yesterday's high.

However lower timeframes still need to show more definitive signs of bearishness to consider short.

The price breaking support on the lower timeframes, pulling back and then finding resistance make be a conservative approach to trading this.

٩ أغسطس ٢٠١٩

أغلقت الصفقة: تم الوصول للهدف

Initial 1:1 profit targets achieved. Still scope to hold shorts at least until there is interaction with the lower edge of the linear regression channel on the daily.