Hello traders!
Here my idea is to go short on ACAD until the previous resistance line and then wait for a confirmation candle before placing the second trade! Be aware of false break-out and keep an eye on the MACD and RSI. Right now, BULLISH MOMENTUM is declining and RSI is looking downwards BUT things in stock market may change really fast!
Remember to put a stop loss in order to secure your capital!
Not a financial advice.
Enjoy your trade!
Here my idea is to go short on ACAD until the previous resistance line and then wait for a confirmation candle before placing the second trade! Be aware of false break-out and keep an eye on the MACD and RSI. Right now, BULLISH MOMENTUM is declining and RSI is looking downwards BUT things in stock market may change really fast!
Remember to put a stop loss in order to secure your capital!
Not a financial advice.
Enjoy your trade!
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