Microsoft - Daily Chart - Short Scenario
Planning to take a Short if
1. Price moves against Resistance level ( upper blue line)
2. Price falls under Trendline (orange line)
3. Would also like to see the Gap (orange circle) beeing filled before breaking down
Target:
Strong Support level (lower blue line) - there is also a gap above it.
Dont forget:
- Watch your Risk management
- DYOR (Do-Your-Own-Research)
- This information / article is only for educational purporses and not a recommendation to buy or sell. I'm not a Financial Advisor.
Thanks for reading!
trader_se
1. Price moves against Resistance level ( upper blue line)
2. Price falls under Trendline (orange line)
3. Would also like to see the Gap (orange circle) beeing filled before breaking down
Target:
Strong Support level (lower blue line) - there is also a gap above it.
Dont forget:
- Watch your Risk management
- DYOR (Do-Your-Own-Research)
- This information / article is only for educational purporses and not a recommendation to buy or sell. I'm not a Financial Advisor.
Thanks for reading!
trader_se
Trade fermée manuellement
Price moved further up - no trade
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.