SHORT- PRICE ACTION
-Downtrend
-short term breakout
-larger time frames have room to run south on STOCH, RSI
-(short time frames showing close to oversold, look for price action to move down in a more controlled matter, letting the short term RSI to cool off, before each new leg down)
LL= Lower Low
LH= Lower High
TR= Tightening Range
BO= Breakout
SH= Swing High
DT= Double Top
-Downtrend
-short term breakout
-larger time frames have room to run south on STOCH, RSI
-(short time frames showing close to oversold, look for price action to move down in a more controlled matter, letting the short term RSI to cool off, before each new leg down)
LL= Lower Low
LH= Lower High
TR= Tightening Range
BO= Breakout
SH= Swing High
DT= Double Top
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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.
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.