KBH - ABC Short
Indexes turning bearish at least in the short term so its time to find a suitable short.
And so KBH here appears to be completing an ABC retracement that if correct will see it go much lower.
Plenty to go on:
I've bought a Jan 2023 ATM put near 0.618 retracement
Not advice.
And so KBH here appears to be completing an ABC retracement that if correct will see it go much lower.
Plenty to go on:
- Its hit the 1:1 .
- Its printed a probable exhaustion gap.
- Its formed a fast wicked top SRP through the 1:1.
- Its filled a gap from 9 June.
I've bought a Jan 2023 ATM put near 0.618 retracement
Not advice.
Nota
There were a couple more greed testing Wyckoff UT Upthrusts, but now the trend has broken to the downside in tandem with index retracement.Going very well 😸.
Nota
This drifted a while but now indexes are falling, KBH is plummeting!1:1 is $16 and it will probably overshoot perhaps to the 1.272 at $13 so targets to cover will be in that area I think.
Nota
This one is working out very well 😸.
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I'm taking a break from TradingView👋🏻.
But offering 20% discount to join my group 👍🏻
Lots of content every day with regular videos, 1:1 and chatroom 🚀.
Telegram Group: $40 for first month in January (then $50)✨.
Contact: t.me/dRends35
But offering 20% discount to join my group 👍🏻
Lots of content every day with regular videos, 1:1 and chatroom 🚀.
Telegram Group: $40 for first month in January (then $50)✨.
Contact: t.me/dRends35
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