OK, I admit, it’s very early to call this a three-drives pattern.
But as a trader, I always think, “What if?”
This is my way of preparing early in the process. It allows me to make educated decisions, rather than FOMO trades.
What I am waiting for now is a break of the yellow CIB line. Typically, after such a break, price pulls back to retest it. This behavior is similar to what we see when the median line of a fork is broken.
If this setup triggers, it would clearly be a long-term play. Or it could be over vevry quick via a very sharp, violent move to the south.
Let’s watch it and prepare for this thesis.
But as a trader, I always think, “What if?”
This is my way of preparing early in the process. It allows me to make educated decisions, rather than FOMO trades.
What I am waiting for now is a break of the yellow CIB line. Typically, after such a break, price pulls back to retest it. This behavior is similar to what we see when the median line of a fork is broken.
If this setup triggers, it would clearly be a long-term play. Or it could be over vevry quick via a very sharp, violent move to the south.
Let’s watch it and prepare for this thesis.
Remove subjective trading:
👉 Andrews Pitchforks applied by fixed rules
👉 Weekly structure maps for Indices, Futures, Energy and Crypto, plus the method behind them.
→ alphametrics.substack.com/?utm_source=tradingview
👉 Andrews Pitchforks applied by fixed rules
👉 Weekly structure maps for Indices, Futures, Energy and Crypto, plus the method behind them.
→ alphametrics.substack.com/?utm_source=tradingview
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Remove subjective trading:
👉 Andrews Pitchforks applied by fixed rules
👉 Weekly structure maps for Indices, Futures, Energy and Crypto, plus the method behind them.
→ alphametrics.substack.com/?utm_source=tradingview
👉 Andrews Pitchforks applied by fixed rules
👉 Weekly structure maps for Indices, Futures, Energy and Crypto, plus the method behind them.
→ alphametrics.substack.com/?utm_source=tradingview
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.