Broke the Daily trend line, price is below the Daily 50 SMA, below the 20 SMA, and holding at the Weekly 15 EMA. Daily MACD is down, Weekly MACD is down but flat (my only red flag)
and taking this entry short will minimize risk. We can not predict the future but we can identify opportunities in the market using our edge. That's all we can do. It's not our job to try and figure out what trades are going to work and which trades will fail. Our job is to find trades and aggressively manage the risk.
and taking this entry short will minimize risk. We can not predict the future but we can identify opportunities in the market using our edge. That's all we can do. It's not our job to try and figure out what trades are going to work and which trades will fail. Our job is to find trades and aggressively manage the risk.
