SHORTING THE BREAKDOWN & RETRACEMENT 📉📊
Short Description (for post or image):
A powerful trading strategy in bearish markets! 📌
- Breakdown: When price breaks below key support.
- Retracement Entry: Wait for a small pullback (retest of broken support as resistance).
- Short Entry: Enter at the retracement with stop-loss above the new resistance.
- Profit Target: Ride the move down to the next support.
Key Tip:
Avoid jumping in immediately after breakdown patience on retracement gives better risk-reward.