Hey folks!
I found a good opportunity for a nice swing trade again.
As we can see, the top of the cannel is reached, and now what will happen?
I see two things right now.
1) A breakout with a pullback, that would be my entry trigger.
2) A double top formation, and of course the price will fall then. So we have a short position. I will wait a few hours, maybe one day to make sure I am not running into a trap. And if you see the main trend, it goes up right now. So shorting would go against the trend, and I am careful with that...
I found a good opportunity for a nice swing trade again.
As we can see, the top of the cannel is reached, and now what will happen?
I see two things right now.
1) A breakout with a pullback, that would be my entry trigger.
2) A double top formation, and of course the price will fall then. So we have a short position. I will wait a few hours, maybe one day to make sure I am not running into a trap. And if you see the main trend, it goes up right now. So shorting would go against the trend, and I am careful with that...
Nota
Well that one is still making up its mind... Keep watching it, it is worth it
Free Trading Education:
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Free Trading Education:
discord.gg/EQmck5aU
discord.gg/EQmck5aU
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.