Hey guys,
So I entered this short on Friday @ $59.56. My stop is at breakeven (could see one more spike up), but this is looking like it's going to absolutely drop. Even if we see another spike up, I'll re-enter cause this R:R is too nice and it's a high probability structure.
Be careful for FOMC tomorrow - I believe this is where the momentum will be coming from.
So I entered this short on Friday @ $59.56. My stop is at breakeven (could see one more spike up), but this is looking like it's going to absolutely drop. Even if we see another spike up, I'll re-enter cause this R:R is too nice and it's a high probability structure.
Be careful for FOMC tomorrow - I believe this is where the momentum will be coming from.
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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.