REASON FOR THE ENTRY: Cross of the 2 HULL Moving Average over an Andean Oscillator Sell Condition in 1-Hour Timeframe (2XHULL+AO1h) , MACD 2 Hours is Bearish, MACD in the daily is Bullish.
Context:
- Previous Breakage of the Long Term Support (In green)
- Previously Rebounded on the Short Term Resistance (In red)
EVALUATION: B-Trade (Medium Size)
TYPE: SHORT
RISK: 0.02 Lots
PROJECTED R:R TARGET: 2R
Evolution of the trade in the comments section, below...
Price action exhausted, also there is a Bearish Cross on HULLS, I am moving the SL to BE just in case...
Glad to close here...0.1R