Short opportunity

19 ביולי 2023

okay i like the look of this one. Momentum breakout candlestick of the 50 EMA (slight shadow below but its ok). We have a retest of the 50 EMA confirming it is a resistance and now a rejection with the momentum bearish candlestick. Also, the MACD has crossed, up to the player if they want to wait for a zero line cross...

take profit 2 X ATR and stop loss above the 50 EMA by 1 ATR. Good luck!