CHF/NOK is getting ready to go SHORT.
Market has been in an uptrend for about 3weeks.
A crucial resistance has been hit in its uprise.
Market already dropped this week, however, a retest/double top is likely.
Wait for confirmation of trend change, then find your entry.
Expecting a change in trend within the next week.
Scalp/day/swing trade market to the downside.
You pick your exit point.
DISCLAIMER;
Trading carries risks, ideas are for guideline purposes only.
Do set stop losses when trading & be generous with how much room allowed for candle wicks.
There is also the possibility to hedge yourself, for more confident traders.
All comments and questions welcome, if curious about indicators I use then feel free to inquire.
How I plan to find my entry;
Market has been in an uptrend for about 3weeks.
A crucial resistance has been hit in its uprise.
Market already dropped this week, however, a retest/double top is likely.
Wait for confirmation of trend change, then find your entry.
Expecting a change in trend within the next week.
Scalp/day/swing trade market to the downside.
You pick your exit point.
DISCLAIMER;
Trading carries risks, ideas are for guideline purposes only.
Do set stop losses when trading & be generous with how much room allowed for candle wicks.
There is also the possibility to hedge yourself, for more confident traders.
All comments and questions welcome, if curious about indicators I use then feel free to inquire.
How I plan to find my entry;
