Hey!
To be said at first that this is a bit risky!
If You take this trade, definitely use tight stops!
Sell criteria are pretty decent:
- Recent downtrend, the trend is your friend
- Break below the major counter trendlines (black lines)
- Bearish price action on the top - around EMA's on the 4H chart
- Evening Star candlestick pattern (bearish) ended below the counter trendlines
Do not forget to support my idea post by hitting the "LIKE button!
Thank You!
Have a nice day,
Cheers!
*This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
To be said at first that this is a bit risky!
If You take this trade, definitely use tight stops!
Sell criteria are pretty decent:
- Recent downtrend, the trend is your friend
- Break below the major counter trendlines (black lines)
- Bearish price action on the top - around EMA's on the 4H chart
- Evening Star candlestick pattern (bearish) ended below the counter trendlines
Do not forget to support my idea post by hitting the "LIKE button!
Thank You!
Have a nice day,
Cheers!
*This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
