Simple Swing Trade idea. (Short)
Previous post i'd mention that there is HL(114.7) and HH(118.5) formed , and let's wait for HL to be break then find for short. But price ranging until it formed new HH and HL.
Price failed to break up 118.6 (resistance) and price break down 115.9 (support) now close below.
Strong short trade.
More confirmation to short now.
--------------------------------
1) HL HH LL LH are formed. (trend change)
2) Blue uptrend line already broken.
3)Now price are below 2EMA.
4) Channel formed in HL HH LL LH.
5) Price also below 200 SMA.
Short now or wait for re-tracement . depend on your risk.
Trade with your own risk.
Happy trading.
Insane_Trader
Previous post i'd mention that there is HL(114.7) and HH(118.5) formed , and let's wait for HL to be break then find for short. But price ranging until it formed new HH and HL.
Price failed to break up 118.6 (resistance) and price break down 115.9 (support) now close below.
Strong short trade.
More confirmation to short now.
--------------------------------
1) HL HH LL LH are formed. (trend change)
2) Blue uptrend line already broken.
3)Now price are below 2EMA.
4) Channel formed in HL HH LL LH.
5) Price also below 200 SMA.
Short now or wait for re-tracement . depend on your risk.
Trade with your own risk.
Happy trading.
Insane_Trader
