Note
MA 3/12 opportunities like this have for me provided the simplest and most profitable setups in all of trading. It's very much a true:false situation in the simplest form. When you figure out which way it's going to go, stick with it and let it ride for weeks and months for huge gains. Be mindful that this is a SHORT setup as it follows an MA 3/12 Dead Cross and price is now at resistance in the zone where there is the highest greed. If the buyers fail, they are doing so at the highest price and the price will plunge quickly and decisively. I've circled a pattern of this behavior being respected again and again.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.
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.