I believe that we will squeeze up to take out the previous week's mid range as well as the previous month's mid range.
Once those stops are taken out I will look for shorting opportunities as I believe that price will deviate above those levels to then take out the lower stops and fill in lower levels.
Higher first then lower. A possible chart pattern to form is the ascending triangle in a downwards trending market. If price action gives me the opportunity I think the pointy end of the triangle would be a good short.
Once those stops are taken out I will look for shorting opportunities as I believe that price will deviate above those levels to then take out the lower stops and fill in lower levels.
Higher first then lower. A possible chart pattern to form is the ascending triangle in a downwards trending market. If price action gives me the opportunity I think the pointy end of the triangle would be a good short.
trader itcha
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
trader itcha
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.