If you see the CCI(20) and MACD the bearish trend line is in tach but we need to hold the high today or I am in risk in my trade. Using SPXU (spx 3x ETF) in this short trade, I'm currently down 3.8%. Exiting a losing trade is 2 fold, high risk and low risk. For lower risk, exiting off of the bearish divergence trend line shown below and higher risk where CCI(20), RSI, MACD make a new high. from your entry of the position. Here is the 60 minute chart below:
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment