The white up-sloping Fork gives us the most probable path of price for VRSN.
As we see, that was a Hell of a run.
Price has reached the U-MLH, which is the natural Extreme by the law of physics.
What's the natural reaction?
A move back to the Mean.
What's the Mean?
The Center-Line.
This is a high probability trade I take blindly.
But I mange my risk with open Eyes, even when this trade has a win rate of over 80%.
Don't let greed your Brain!
As we see, that was a Hell of a run.
Price has reached the U-MLH, which is the natural Extreme by the law of physics.
What's the natural reaction?
A move back to the Mean.
What's the Mean?
The Center-Line.
This is a high probability trade I take blindly.
But I mange my risk with open Eyes, even when this trade has a win rate of over 80%.
Don't let greed your Brain!
Note
VRSN is very resistant to the downside.Further movement to the upside and closing above the CL means to close the trade.
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.
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.