Counter-Trend trade
Oscillating down-trend market
+3 true S/R touches
MACD divergence
Phase: Pullback
Market deceleration
Bearish candlestick formation
More than 1:1 win ratio (TP based on 50 EMA resistance). Since the 50 EMA is a Exponential MOVING average , you have to update your TP every day. Check my setup updates !
Oscillating down-trend market
+3 true S/R touches
MACD divergence
Phase: Pullback
Market deceleration
Bearish candlestick formation
More than 1:1 win ratio (TP based on 50 EMA resistance). Since the 50 EMA is a Exponential MOVING average , you have to update your TP every day. Check my setup updates !
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