The Pendulum Fork gives us good context of where Major Upper and Lower extremes are in this picture.
The rejection at the L-MLH is really a Tell, and should not be ignored then. Multiple opportunities there to go Short.
Then a small slanted support came into play, which also gives us another chance for a short.
Potential Targets are displayed by the yellow Arrows.
The rejection at the L-MLH is really a Tell, and should not be ignored then. Multiple opportunities there to go Short.
Then a small slanted support came into play, which also gives us another chance for a short.
Potential Targets are displayed by the yellow Arrows.
Watch the latest Chart Analysis video on YouTube!
youtube.com/@TradersTradingEdge
- Lean on facts, not on hope.
- Trade with an 80% edge.
- Follow the rules and the rest will come.
youtube.com/@TradersTradingEdge
- Lean on facts, not on hope.
- 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.
Watch the latest Chart Analysis video on YouTube!
youtube.com/@TradersTradingEdge
- Lean on facts, not on hope.
- Trade with an 80% edge.
- Follow the rules and the rest will come.
youtube.com/@TradersTradingEdge
- Lean on facts, not on hope.
- 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.