Quote:
Originally Posted by philmypants  A nice setup this week for the limit sell. If it does trigger it will be in an overbought area( rsi will be close or at 70) then the T/P will still be above the 25 or for sure the 50 day ma for it to come down for a nice bounce and get triggered as well.
All on the 4hr chart
Phil |
Hi Phil,
Yes. The short was just triggered a few minutes ago. It looks classic but we will see what eventually happens.
Last week, a short was triggered but the trade was weak and it waffled all week. I had to close it under the Fri rule at a 28 pip loss.
Rick