PRICE ACTION/VSA SHORT ON BDSI
Descending triangle pattern with a ND (No Demand) VSA bar, an upbar and up close on low volume.
Initial entry at low of signal bar and initial stop at high of signal bar. Pattern remains valid as long as there is not a close above the high of the signal bar prior to break of low. Target is equal to a measured move of first leg in triangle.
FYI: my definitions of VSA bars are different than those by Tom Williams and Gavin Holmes.
Initial entry at low of signal bar and initial stop at high of signal bar. Pattern remains valid as long as there is not a close above the high of the signal bar prior to break of low. Target is equal to a measured move of first leg in triangle.
FYI: my definitions of VSA bars are different than those by Tom Williams and Gavin Holmes.
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