FOSL Short Idea

SHORT FOSL at 12.52.

This one is a bit out of my comfort zone and will be a new strategy for me.

With the 200 DMA and YTD VWAP nearby overhead, and the previous candle a TD 9, I consider this a low risk trade.

My gut tells me to wait for a red 2 below the red 1 before entering.

And one should always trust their gut.

My stop will be above the recent high.

Сделка активна:

Still active but it really shouldn't be.

Always trust your gut.....