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We have executed a short position on the bear leg it has formed on top and we banked a very nice 375 pips of profit. Now the price has made a breakout on the continued bull trend which also shows a retest back on the trend line . With a confirmation of reversal signs it will be to go with another shorts till the support level below. Sketch up your own trade setup and make sure you meet with the required confirmations first before you make your move!
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Profitlio Trading ( Since 2014 in Financial Markets ) ________________________________________________ Traders Disclaimer: Non of our analysis or trade setups being shared here on trading view is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trade only if trade setup meets the required criteria ( Confirmations ). Unless we will never take them as a trade if it never reach our trading requirements.
Take them at your own risk as trading is highly risky and you may loss your investments. Our trades are based on Swinging and Mid to long term approaches. All trades executed will be handled under the name of Profitlio Trading only.