The Pendulum Fork gives us good context of where Major Upper and Lower extremes are in this picture.
The rejection at the L-MLH is really a Tell, and should not be ignored then. Multiple opportunities there to go Short.
Then a small slanted support came into play, which also gives us another chance for a short.
Potential Targets are displayed by the yellow Arrows.
The rejection at the L-MLH is really a Tell, and should not be ignored then. Multiple opportunities there to go Short.
Then a small slanted support came into play, which also gives us another chance for a short.
Potential Targets are displayed by the yellow Arrows.
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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.