Opening up into a big range and overnight moved to lower distribution.
Will be watching the crossover back to higher distribution. Will also be watching the yellow line a a sticky spot..
The lower blue line is a prime spot for a bounce but so far market is telling me to lean short after a early bounce.
Will be watching the crossover back to higher distribution. Will also be watching the yellow line a a sticky spot..
The lower blue line is a prime spot for a bounce but so far market is telling me to lean short after a early bounce.
Trade active
I under estimated sticky by a tiny bit, or maybe it was over estimated . Not sure but you know what I mean.Trade active
This idea is still valid for May 20th
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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.