Potential Short Trade
Dow Theory In Place - Lower High formed and Lower Low in formation
Candle Sticks - Bullish Engulfing at the top.
Bullish Trend Still intact
Divergency at both 1 & 4 Hour
Price Getting reversal from Resistance Levels
(Watch out your levels)
Risk to Reward
TP 1 - 1-1
TP 2 - 1-1.5
TP 3 - 1-2
**Risky Trade. Trend not yet broken
Dow Theory In Place - Lower High formed and Lower Low in formation
Candle Sticks - Bullish Engulfing at the top.
Bullish Trend Still intact
Divergency at both 1 & 4 Hour
Price Getting reversal from Resistance Levels
(Watch out your levels)
Risk to Reward
TP 1 - 1-1
TP 2 - 1-1.5
TP 3 - 1-2
**Risky Trade. Trend not yet broken