image of short breakout chart for TECK

Short Breakout on TECK using our B.I.T.S



TECK potential short Breakout after Double Top by tradethefifthcom on TradingView.com

Our B.I.T.S (Breakout Intelligent Breakout Signals) Indicator for TradingView has a signal short on $TECK. We have completed a double top on the Daily timeframe and our automated short signal is below the recent low pivot . So we are combining a traditional duoble top short setup with our strong automated breakout signal from our indicator suite to go short TECK .

Short Entry at $15.56 with Stop loss at 16.47, with the 4 target zones printed on the chart by our B.I.T.S indicator.

Look to Swing this short trade over into next week, depending on momentum.

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Paul
Paul
Paul Bratby is the CEO and founder of Trade The Fifth, an Elliott Wave program designed to educate traders and investors on the financial markets so they can take responsibility for their own portfolios and trading accounts by learning how to ride the profitable Fifth Wave setup. Paul started in the business over 14 years ago, and combined his career as an Engineer along with his Military Mindset to develop a repeatable trading and investing strategy that he has used to manage 8-figure accounts.

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