Opening a Short Position - Market Cipher Strategy

evo

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Joined
Apr 2017
Opening a Short Position Trade
Market Cipher Pattern Strategy


Using the Market Cipher trading signals and indicators, here is a solid strategy for opening a short position and making profit. Focus on 15m or higher timeframes:
  1. Red Diamond (Bearish)
  2. RSI and Stochastic RSI are going downwards, after being on top
  3. Anchor to Trigger Wave Red Dot
  4. MF (Money Flow) facing down
  5. VWAP (Volume Weighted Average Price) facing down
And assuming all the above conditions are met, you can safely enter a short position on a trade.

market-cipher-short-strategy.png
 

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