We are on top of the monthly channel

Here after 2 days rally up, I guess the price action is giving nice short opportunity. I would consider Risk/Reward as 3:1 with 2% risk of total capital.

The given lines are weekly resistance and supports.

Trade fermée: ordre d’arrêt atteint:

Market wanted to reach the monthly high. Therefore our stop reached and the strategy should be analyzed for other positions.