Short
Oversold to much a big correction is legit
no much word to say
as fed tightening polily and stock still beat all week new record high
as is overbought much in many indicator in h4,daily,weekly,monthly
a legit correction is neccessary for can back up more later if he will 1 days..but i think not in 2018
as all time i short 2 separate position for can cut 1position and secure gain in 1/3 or half of the target
i make a stop loss at 230XX if market wanna go to this number but humm very crazy
RR= 1/3
as fed tightening polily and stock still beat all week new record high
as is overbought much in many indicator in h4,daily,weekly,monthly
a legit correction is neccessary for can back up more later if he will 1 days..but i think not in 2018
as all time i short 2 separate position for can cut 1position and secure gain in 1/3 or half of the target
i make a stop loss at 230XX if market wanna go to this number but humm very crazy
RR= 1/3
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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.