Rook 1H Short

1 thg 1, 2022

Setup: Rook is respecting the 50 EMA. So the plan is to wait for price to bounce off the 50 EMA and have a price rejection candle, that is when we go short. We also wait for MACD to cross down. When these 2 conditions occur, this is when we enter the trade.

Entry: Price rejection candle off the 50 EMA and MACD crosses down

SL: 1 ATR above 50 EMA

TP: 114.3( Daily support)

1 thg 1, 2022

Ghi chú

entered trade at 140.7

2 thg 1, 2022

Ghi chú

Closed my position as market appears to be going to range