Update: Target reached without entry, so i cancelled short for now.. ---------------------------------------------------------------------------------------------------------------------------------
A potential short trade on multiple resistance levels:
-50-days SMA -Main descending resistance for the bearish wave -A cluster of horizontal resistance levels, more clear on the daily chart
================================================================== Trading Criteria: 1. Trades are taken in two units 2. First unit would be closed at first target 3. Stop loss is then moved to break-even 4. Second unit would be closed at second target 5. Note that If 90 percent of first target is reached without triggering entry, trade is cancelled 6. Remember: Losing is a main part of the game