I tried to estimate a proper reversal based on the average true range in a traditional way on this point and figure charts. There's a great short oppertunity at very low costs.
TBF I declare this a no-trading zone. But if I had to pick right now, I consider shorting the safest option
TBF I declare this a no-trading zone. But if I had to pick right now, I consider shorting the safest option
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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.