After reaching the Centerline, price eitheradvances to the Upper Extreme (U-MLH), or it reverses and it's target is the L-MLH, the lower Extreme of the Fork.
An Open & Close below the Centerline would indicate further progress to the downside.
A stop above the last high with a target around 2 would be the trade I would take.
An Open & Close below the Centerline would indicate further progress to the downside.
A stop above the last high with a target around 2 would be the trade I would take.
- Lean on facts, not on hope.
- Trade with an 80% edge.
- Follow the rules and the rest will come.
- Trade with an 80% edge.
- Follow the rules and the rest will come.
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.
- Lean on facts, not on hope.
- Trade with an 80% edge.
- Follow the rules and the rest will come.
- Trade with an 80% edge.
- Follow the rules and the rest will come.
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.