So far, price was not able to close above the U-MLH.
Instead it ran into the natural prior support, which acts now as resistance.
With a second close into the Fork, after price went outside, we would have a very big chance that we see price much lower, somewhere at the Centerline.
Bevor the Centerline, there's a natural support.
It's a weekly level where price could first take a bounce, bevor reaching our target, the Centerline.
Such a unfolding (of a bounce) would fit perfectly into the natural movement of price fluctuation. Always remember - Markets breathe in and out. So this bounce would be just natural.
Trade small, but often!
P!
Instead it ran into the natural prior support, which acts now as resistance.
With a second close into the Fork, after price went outside, we would have a very big chance that we see price much lower, somewhere at the Centerline.
Bevor the Centerline, there's a natural support.
It's a weekly level where price could first take a bounce, bevor reaching our target, the Centerline.
Such a unfolding (of a bounce) would fit perfectly into the natural movement of price fluctuation. Always remember - Markets breathe in and out. So this bounce would be just natural.
Trade small, but often!
P!
トレード終了: ストップロスに到達
Perfect example - There is no crystal bowl and no such thing as 100% in the world.Stops are part of the game plan and as such I've learned to appreciate them, because they protect my capital.
Toast...next ;-)
P!
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
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
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
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。