Now we are moving in a developing descending channel, and when the price reaches the rectangle area, you can open a short position.
Reasons for opening:
1. From this price, a descending movement observed several times.
2. When the price reaches the box area, you can see a sharp angle on the Williams' Alligator.
Important! Follow risk management and do not open a trade for more than 2% of your deposit. Place the stop-loss around 2050. TP in the down box.
Reasons for opening:
1. From this price, a descending movement observed several times.
2. When the price reaches the box area, you can see a sharp angle on the Williams' Alligator.
Important! Follow risk management and do not open a trade for more than 2% of your deposit. Place the stop-loss around 2050. TP in the down box.
Trade active:
While moving in the green box w confirmation, we can still keep the short position till the TP reaching in the triangle at the chart