This short setup is based on unconvetional trading strategy using the long and short covering.
In particular, after a "trick" formation the market rallied and reached "max fake" level (25% extension above the "trick"), after showing some weaknes (lower high) the market should fall down (scenario 1), or form a fake breakout above the previous high and then fall down (scenario 2).
This trading idea is based on a methodology used within SMB Capital Forex and Futures Training Program.
For more information see www.smbtraining.com
or
watch my youtube channel: www.youtube.com/watch?v=m1sg5frd...
In particular, after a "trick" formation the market rallied and reached "max fake" level (25% extension above the "trick"), after showing some weaknes (lower high) the market should fall down (scenario 1), or form a fake breakout above the previous high and then fall down (scenario 2).
This trading idea is based on a methodology used within SMB Capital Forex and Futures Training Program.
For more information see www.smbtraining.com
or
watch my youtube channel: www.youtube.com/watch?v=m1sg5frd...