Guys, now it’s time to take a big short on $M
Take Profit: $1.08
Stop Loss: $1.169
Main reason for the short: It’s currently facing major resistance on the 1H at $1.16 and has already been rejected from there. Breaking higher highs with this kind of momentum is going to be very tough.
So yes, just get ready for the dump the momentum isn’t strong enough.
This is a pure scalp trade. Quick in and out, won’t take much time.
Take Profit: $1.08
Stop Loss: $1.169
Main reason for the short: It’s currently facing major resistance on the 1H at $1.16 and has already been rejected from there. Breaking higher highs with this kind of momentum is going to be very tough.
So yes, just get ready for the dump the momentum isn’t strong enough.
This is a pure scalp trade. Quick in and out, won’t take much time.
