This overshoot of the U-MLH is a nice opportunity to stalk ebay for a Short-Trade.
1. wait for a close inside the fork
2. expect a test/retest at the U-MLH
3. on a break of a pivot, I enter short.
Profit Target 1 is the Centerline.
Further downside is possible, but has to be shown below the CL.
Happy new week folks §8-)
1. wait for a close inside the fork
2. expect a test/retest at the U-MLH
3. on a break of a pivot, I enter short.
Profit Target 1 is the Centerline.
Further downside is possible, but has to be shown below the CL.
Happy new week folks §8-)
Trade active
Our short is paying so far. let it run, but observe it:Note
The trade is still OK, but I don't like the pullback.However, I planned it, so I trade it.
🔱 Follow The Fork 🔱
👉 Avoid subjectivity.
👉 Find multiple R Trades.
👉 Trade the Medianles aka Pitchfork Edge
👉 Avoid subjectivity.
👉 Find multiple R Trades.
👉 Trade the Medianles aka Pitchfork Edge
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.
🔱 Follow The Fork 🔱
👉 Avoid subjectivity.
👉 Find multiple R Trades.
👉 Trade the Medianles aka Pitchfork Edge
👉 Avoid subjectivity.
👉 Find multiple R Trades.
👉 Trade the Medianles aka Pitchfork Edge
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.