Note
3:1 profit margin with stop just below the weekly pivot.Note
My stop happened to be exactly 1 pip below where this chart says it is... I am still in... by pure accident.Note
The range for the month is clearly between Month CAM S3/R3 as shown.Trade closed: stop reached
Dollar was just too strong. In hindsight the recent pop on NU that was followed by immediate selling is classic volume spread analysis (VSA). It was a great opportunity to short more.Note
Though stopped out, this trade may eventually work this week and into next. Pay attention to this fork.Note
As well as the descending cyan line in this daily chart. Note
This Schiff fork on the day chart is also playing a role. Big confluence of intersections at the 2018 low apparently. Thanks @leefuri 
Find the edge.
Website: daily-edge.com
Twitter: twitter.com/dailyEdgeGroup
Youtube: youtube.com/c/TheDailyEdgeTradingGroup
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Website: daily-edge.com
Twitter: twitter.com/dailyEdgeGroup
Youtube: youtube.com/c/TheDailyEdgeTradingGroup
Telegram: t.me/mortdiggiddy
Paypal: paypal.me/mortdiggiddy
Related publications
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.
Find the edge.
Website: daily-edge.com
Twitter: twitter.com/dailyEdgeGroup
Youtube: youtube.com/c/TheDailyEdgeTradingGroup
Telegram: t.me/mortdiggiddy
Paypal: paypal.me/mortdiggiddy
Website: daily-edge.com
Twitter: twitter.com/dailyEdgeGroup
Youtube: youtube.com/c/TheDailyEdgeTradingGroup
Telegram: t.me/mortdiggiddy
Paypal: paypal.me/mortdiggiddy
Related publications
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.