Asset and Time frame -MSFT 4H/DAILY
Entry Price -335
Exit(Stop Loss) -349.73
Exit(Take Profit) -293.27
Price made a divergence on the daily time frame with a big engulfing bearish candle and proceeded to build momentum to the downside by breaking the 100 MA of the 4H chart.
Shorting is always troublesome, not to mention shorting a big company like Microsoft, so a smaller risk of 0.70% instead of the regular 1%.
Entry Price -335
Exit(Stop Loss) -349.73
Exit(Take Profit) -293.27
Price made a divergence on the daily time frame with a big engulfing bearish candle and proceeded to build momentum to the downside by breaking the 100 MA of the 4H chart.
Shorting is always troublesome, not to mention shorting a big company like Microsoft, so a smaller risk of 0.70% instead of the regular 1%.
Nota
A better view
Nota
Added Fibonacci Trade fechado manualmente
I closed the trade manually since the price has been starting to breach the 0.50 level of the Fibonacci, shorts are a different animal when trading stocks, so I'm not going to wait to hit that stop loss and go proactive.Nota
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.