STMX sell/short setup (1D)
Considering that STMX is trading below the downward trend line and we have a bear CH on the chart, we are looking for a sell/short position in the premium ranges of the previous wave.
The targets are marked on the chart.
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
The targets are marked on the chart.
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
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