🔱 Just wanted to highlight this confluence 🔱
The yellow L-MLH and white U-MLH are lining up to form a potential short setup.
Today’s selling pressure is also giving an early warning signal.
If we open and close below the white U-MLH, we’ll likely retest it before any major drop.
Shorting this move will require a decent stop, given the inherent volatility. So maybe a play with an Options Strategy would be a more secure way.
Let’s see if the party finally takes a breather.
The yellow L-MLH and white U-MLH are lining up to form a potential short setup.
Today’s selling pressure is also giving an early warning signal.
If we open and close below the white U-MLH, we’ll likely retest it before any major drop.
Shorting this move will require a decent stop, given the inherent volatility. So maybe a play with an Options Strategy would be a more secure way.
Let’s see if the party finally takes a breather.
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
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
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
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.