Trading bearish channel
Drop to 1.488 direct
With stop above 1.5180 I want to stay short.
Entry: Take a short position when the price touch the upper band
Stop: The stop is placed above the last highest
Target: Theoretical target of the pattern
Advantage: Movements can be very big
Disadvantage: False breakouts or shadows will make the trading hard sometime.
With stop above 1.5180 I want to stay short.
Entry: Take a short position when the price touch the upper band
Stop: The stop is placed above the last highest
Target: Theoretical target of the pattern
Advantage: Movements can be very big
Disadvantage: False breakouts or shadows will make the trading hard sometime.
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