Trading Watchlist:
1. NVO
Consider scaling into a NVO short if the price action reaches the upper region of the parallel channel.
2. BTC – analysed.
3. ORDI – analysed:
Learning Point
- The Parallel Channel works perfectly in terms of deciding when best to make a short entry in regard to declining price action, as well as determining the best take profit and stop-loss levels.
Next Actions
- Consider submitting a limit order short entry in regard to NVO as soon as possible.
- Update new trading spreadsheet with all winning and losing trades.
