First, there are two very nice Sine-Waves.
These are "complex" legs in the count from 0-5.
Currently price is fighting at the Center-Line.
It's the same price region where the market found its prior support.
There are two possibilities when we reference the Medianline (Pitchfork) rules:
1. Price will hold at the Center Line and pull back in the opposite direction. The major target would be the U-MLH (Upper-Medianline-Parallel).
2. Price will shoot through the Center Line, pullback to it and continue its path (in this case to the downside). The major target is the L-MLH.
Are there any other signs to give us a clue for a Long or Short Trade?
Let's see:
- the Stochastic is heavy oversold.
- the Delta has good divergence.
- price at prior support
How to play it?
Why not reduce the risk and go with Micro Lots, or some SPY BP Spreads, to maintain you good sleep §8-)
These are "complex" legs in the count from 0-5.
Currently price is fighting at the Center-Line.
It's the same price region where the market found its prior support.
There are two possibilities when we reference the Medianline (Pitchfork) rules:
1. Price will hold at the Center Line and pull back in the opposite direction. The major target would be the U-MLH (Upper-Medianline-Parallel).
2. Price will shoot through the Center Line, pullback to it and continue its path (in this case to the downside). The major target is the L-MLH.
Are there any other signs to give us a clue for a Long or Short Trade?
Let's see:
- the Stochastic is heavy oversold.
- the Delta has good divergence.
- price at prior support
How to play it?
Why not reduce the risk and go with Micro Lots, or some SPY BP Spreads, to maintain you good sleep §8-)
🔱 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
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
🔱 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
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.