I would not trade this, we are at a point in time where it could go both ways. If you are, a short entry would be at the top of the right shoulder once that forms. Some directional options strategies may also print here such as:
Inverse Iron Butterfly
Inverse Iron Condor
Short Put Butterfly
Short Call Butterfly
Straddle
Strangle
Please use a stoploss, and if trading options beware of volatility skew thanks.
Inverse Iron Butterfly
Inverse Iron Condor
Short Put Butterfly
Short Call Butterfly
Straddle
Strangle
Please use a stoploss, and if trading options beware of volatility skew thanks.
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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.