1. Strong momentum pushing price higher above support levels
2. If there is a break in price action here, we can opt to go short to trade an inner cycle. However, note that this would be trading against the larger trend at work!
2. If there is a break in price action here, we can opt to go short to trade an inner cycle. However, note that this would be trading against the larger trend at work!
Trade closed: stop reached
Price action broke down. Reverse the direction!
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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.