FTM giving a sell signal now declining right above the downtrend line.
For now making the wick inside the downtrend line. You can still enter at market price.
The risk reward sounds too good to be true. I'm in, if it breaks upwards, I'll come out quickly.
In my reading it is 60%-40% in favor of the bears.
Trade with your face on the screen, at 2 hours you can still wait for the candle to close to confirm, of course.
Not a financial advice.
Commentaire:
The setup - so far so good...