1. Strong momentum pushing price higher above support levels
2. If there is a break in price action here, we can opt to go short to trade an inner cycle. However, note that this would be trading against the larger trend at work!
2. If there is a break in price action here, we can opt to go short to trade an inner cycle. However, note that this would be trading against the larger trend at work!
Trade chiuso: stop raggiunto:
Price action broke down. Reverse the direction!