Looking to take short position when/if the low of the last 4 hr candle is broken. Trend line broken and price retesting high under the trend line with large divergence on the MACD. Trade is 3 to 1 risk reward target at a 38.2% re-tracement of this last bullish leg up.
Commento:
Adjusted to the next 4hr candle low trade now 4 to 1
Commento:
20774 entry was triggered and now closed out on stop. Still monitoring for another short entry with MACD still down slopping against price action.