Price is squeezing to a point yesterday the head and shoulders failed to form and we pushed further to the downside
1 price is stretched
2 price keeps forming these potential reversal signs which indictates price wants to retest the breakout of the bigger timeframe
3 we only use buystops to catch the move if it happens as we are trading we do not know for certain whether our ideas will form
1 price is stretched
2 price keeps forming these potential reversal signs which indictates price wants to retest the breakout of the bigger timeframe
3 we only use buystops to catch the move if it happens as we are trading we do not know for certain whether our ideas will form
Note
Sl met
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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.