why did you close the position befor hitting target
Посты
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Fahad SMC trader
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Trb short position
entry 53to 58in parts
tp 38 and 40
sl63
lev 5x
reason of short
"I'm considering a short position on TRB due to strong resistance between 55-60 on the higher timeframe. With RSI above 97, indicating overbought conditions, I anticipate a swift correction. My target is 40-38, driven by a fair value gap on the 1-hour chart. Stop-loss will be set at 63 to manage risk."
entry 53to 58in parts
tp 38 and 40
sl63
lev 5x
reason of short
"I'm considering a short position on TRB due to strong resistance between 55-60 on the higher timeframe. With RSI above 97, indicating overbought conditions, I anticipate a swift correction. My target is 40-38, driven by a fair value gap on the 1-hour chart. Stop-loss will be set at 63 to manage risk."
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