DDS Short Setup
A nice Simple trade. With rates rising and FED finally making the right decision
to deal with inflation we can expect retailers to have some difficulties going
forward. After completing wave 3 up it is failing to push higher. While the current
formation does appear as a bull flag it has failed the breakout. As such a great
risk-reward setup is at play giving people enough time to short. if it breaks up
again well, it's a simple low-risk stop.
to deal with inflation we can expect retailers to have some difficulties going
forward. After completing wave 3 up it is failing to push higher. While the current
formation does appear as a bull flag it has failed the breakout. As such a great
risk-reward setup is at play giving people enough time to short. if it breaks up
again well, it's a simple low-risk stop.
Note
Starting to GO!
Real Macro Economic Investing
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patreon.com/Realmacro
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.
Real Macro Economic Investing
patreon.com/Realmacro
patreon.com/Realmacro
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.