So we at the 3100 level marked of a while ago which is the measured 3-Drive pattern. This is where we are looking for shorts. Currently, it looks like the market could make one more lower timeframe high and then we will hunt for any of our reversal patterns. Alternatively, if the 3100 level holds and this 15min flag breaks I will also look to get short. Some potential big targets on this one.
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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.