Trading Idea 005: Intel

٢٣ يناير ٢٠٢٣

Market Conditions:
- trend reversal
- bullish sentiment in the market

Key Level and Lines:
- $30.38 resistance

Trading Ideas:
- go long after a consolidation below the resistance
- a false breakout and bearish sentiment in the market = trade opportunity for shorting.

٢٥ يناير ٢٠٢٣

ملاحظة

Plan A failed. The price bounced from the resistance.

Plan B gave a short trade. The price reached the 1st profit target = 1:3 r/r ratio.