A bearish engulfing pattern is forming in X right near resistance. This trade is easily managed by shorting the next intra day bounce, placing a stop above today’s high with a target near the 50 day moving average.
A bearish engulfing pattern is forming in X right near resistance. This trade is easily managed by shorting the next intra day bounce, placing a stop above today’s high with a target near the 50 day moving average.
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