Dow Jones naked price action..
Good evening from The Netherlands my Friends.
Fasten your seatbelts for a nice week of opportunities.
The America markets will be tested ahead of Russia and the Ukraine news..
When it comes to naked price action this is what I good get out of it..
My biggest lesson i have learned is to think in probabilities and possibilities..
The chart can be bearish now and all the favors will favor the bears but when the market opens tomorrow it can all be blown away and move it's own way..
Always be objective and never trade out of fear..
The pattern we see is a double top. These patterns have a good ratio of being true.
Even with the confirmation it can turn the other way.
We will see.. I begin the week with this picture and will steer in starting the week..
Fasten your seatbelts for a nice week of opportunities.
The America markets will be tested ahead of Russia and the Ukraine news..
When it comes to naked price action this is what I good get out of it..
My biggest lesson i have learned is to think in probabilities and possibilities..
The chart can be bearish now and all the favors will favor the bears but when the market opens tomorrow it can all be blown away and move it's own way..
Always be objective and never trade out of fear..
The pattern we see is a double top. These patterns have a good ratio of being true.
Even with the confirmation it can turn the other way.
We will see.. I begin the week with this picture and will steer in starting the week..
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.