What I want to see for me to get short.
1. Price moves quickly higher and breaks above the clean highs ( red line, weak short stops resting) into the weekly open.
2. If price continues move higher and runs stops on most recent week high. I will wait for PA to form my bias.
1. Price moves quickly higher and breaks above the clean highs ( red line, weak short stops resting) into the weekly open.
2. If price continues move higher and runs stops on most recent week high. I will wait for PA to form my bias.
Trade attivo:
Looks like it just ran stops on intra day high. I think price will push lower and run stops on intra day low.
Trade attivo:
Price most likely to move lower to 16H level to run stops or find support. Notice on left side of chart at 16H level - Impulsive move