IWM - P5 arrived? If so, we bounce!
Updated
The #IWM has traded in a wonderful way.
Watch how the #Medianlines , the whole #Pitchfork provided support, resistance and - if you know the rules, how they could be applied to make some s.
However, we arrived on the P5, which is potentially morphing to P0 for the next move to the upside. Alltough I personally don't believe it because of this market environment, chances are high.
...can you hear the emotions nagging on me to un-follow the rules? §8-)
If we open next week below the L-MLH, we would trade further down to the WL (Warning Line).
As far as my trades are designed, I risk tiny and try to let them run by following the rules and Money-Managent.
#iwm #medianline
Watch how the #Medianlines , the whole #Pitchfork provided support, resistance and - if you know the rules, how they could be applied to make some s.
However, we arrived on the P5, which is potentially morphing to P0 for the next move to the upside. Alltough I personally don't believe it because of this market environment, chances are high.
...can you hear the emotions nagging on me to un-follow the rules? §8-)
If we open next week below the L-MLH, we would trade further down to the WL (Warning Line).
As far as my trades are designed, I risk tiny and try to let them run by following the rules and Money-Managent.
#iwm #medianline
Comment
Here's the daily.Se how it is still within the Pitchofork?
A bounce is absolutely possible.
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