The market made a sharp impulse wave down in June, then it built up a countertrend. A break of this countertrend is valid already, it just thought it would go for another corrective round before... we'll see :)
All-in-all, important levels are marked on the chart, the short trigger zone is to be watched closely, and to be modified in case the countertrend remained valid, as it is now, and built another waves up.
Trade safe! ⚪️⚫️
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ANYWAY, a lot of Qs about the direction of the price. But it doesn't matter.
WE JUST REACT!
Remember that trading is a business.
SIZE your TRADES according to your risk aversion!
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All-in-all, important levels are marked on the chart, the short trigger zone is to be watched closely, and to be modified in case the countertrend remained valid, as it is now, and built another waves up.
Trade safe! ⚪️⚫️
--------------------------------------------------------------------------------
ANYWAY, a lot of Qs about the direction of the price. But it doesn't matter.
WE JUST REACT!
Remember that trading is a business.
SIZE your TRADES according to your risk aversion!
----------------------------------------------------------
Trade active
Short trigger zone broken on the daily. Heading south until the weekly south breakout or the recent high on the daily is taken back by the buyers.Trade closed: stop reached
Day trader capitalizing on the expansion phases of emerging trends.
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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.
Day trader capitalizing on the expansion phases of emerging trends.
MORE CHARTS & FREE EDUCATION
SUBSCRIBE 🚀 themarketflow.trading
MORE CHARTS & FREE EDUCATION
SUBSCRIBE 🚀 themarketflow.trading
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.