After the HAGOPIAN, I expect price to go for the GAP fill, which is at the L-MLH.
Maybe a partial fill is the right way to take profits. Because if price open & close outside the L-MLH, we can expect further downside.
Maybe a partial fill is the right way to take profits. Because if price open & close outside the L-MLH, we can expect further downside.
Note
A weekly close above 200 is my exit trigger.Note
Trade closed: stop reached
With the weekly close above 200, the Trade is closed for a minor loss.I wait for a new opportunity to short off a pullback at the Centerline.
Hint: Watch where price found support and put it in your notebook.
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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.