Dip Under the Deep Blue Line
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While price is still above the blue line, there will be no entry.
Once we dip under the blue line, re-test as resistance and give confirmation of a bearish candle, one is free to go short.
We missed the previous pull back opportunity of entry, hence the big stop loss. You can make it much tighter, but the big boys might want to have one more go at the bears for some liquidity before pushing the market down hard.
If the manipulation is to happen, its lightly before our entry rules are stratified. Play it cool and let the market come to you.
GOOD LUCK. :-)
Once we dip under the blue line, re-test as resistance and give confirmation of a bearish candle, one is free to go short.
We missed the previous pull back opportunity of entry, hence the big stop loss. You can make it much tighter, but the big boys might want to have one more go at the bears for some liquidity before pushing the market down hard.
If the manipulation is to happen, its lightly before our entry rules are stratified. Play it cool and let the market come to you.
GOOD LUCK. :-)
Note
Trade has been activated.Lets go for TP. This should mature in about a weeks time at most.
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