As we see in the daily chart, price is forming a double top.
That means, we take a ride down that mountain and go short. And it will be a loooong ride all the way to the bottom.
Me personally, I like setups like this, we are in a channel, have a double top, and EMA 200 is about to break price. If you want to wait for a confirmation, I recommend use the EMA 200 as entry trigger.
As usual I will start with a small position and let it grow as the market tells me i am right.
That means, we take a ride down that mountain and go short. And it will be a loooong ride all the way to the bottom.
Me personally, I like setups like this, we are in a channel, have a double top, and EMA 200 is about to break price. If you want to wait for a confirmation, I recommend use the EMA 200 as entry trigger.
As usual I will start with a small position and let it grow as the market tells me i am right.
코멘트:
Lets see if price tests the resistance again, or if it drops before.
액티브 트레이드:
A small short position is open now. Lets see if it will grow bigger with time
코멘트:
so, from 27 down to 23... NICE PROFITS!!!
Trading Bücher:
de.tradingview.com/chart/WDI/vosCiEtp/
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www.babypips.com/learn/forex
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de.tradingview.com/chart/WDI/vosCiEtp/
Free Trading Education:
www.babypips.com/learn/forex
Wem meine Analysen und Gedanken gefallen, der darf mir einen Kaffee kaufen:
www.buymeacoffee.com/EvanMoeMoney