Looking at fair value gaps, and imbalance in the markets. This morning I identified the fair value gaps on WTI, as you can see on the chart it is playing out according to plan.
If the price now continues to rise and starts to turn round when it hits the sell zone on the chart, then I will look for the following before I take the short.
- Price Action
- Deal flow where the buyers are running out of steam, and the sellers are starting to take over.
If this happens then I plan a short on WTI.
James
Sandrock
If the price now continues to rise and starts to turn round when it hits the sell zone on the chart, then I will look for the following before I take the short.
- Price Action
- Deal flow where the buyers are running out of steam, and the sellers are starting to take over.
If this happens then I plan a short on WTI.
James
Sandrock
"Founder of Sandrock Trading Academy | Empowering traders worldwide."
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.
"Founder of Sandrock Trading Academy | Empowering traders worldwide."
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.