theolove2021
New member
When trading a downward price breakout, these are the steps to follow:
-Ensure it’s a downtrend
-Wait for the price to close below the corresponding structure — support level, trend line or any other
-Confirm the RSI is below the 50 level
-You can go short if everything aligns and a stop loss above the preceding swing high
-Ride the trend with a trailing stop if you want or put a profit target accordingly
To your success
Theophilus S.