Short on $SKY : new high with no buyers behind it (negative CVD).
Entry at 0.06825.
Initial stop at 0.07251 (6.2% above). No TP: I use a trailing stop: it moves down with the low and closes if the price rebounds to it; 7 days is only the maximum.
The risk per trade is small, and I always respect the stop.
This is not financial advice. Do your own research and adjust your risk.
$SKY #trading #futures
Entry at 0.06825.
Initial stop at 0.07251 (6.2% above). No TP: I use a trailing stop: it moves down with the low and closes if the price rebounds to it; 7 days is only the maximum.
The risk per trade is small, and I always respect the stop.
This is not financial advice. Do your own research and adjust your risk.
$SKY #trading #futures