I call this a 1-Line Trade.
This is also not invented from me, but from my former mentor, Shane from MG.
I think it would be wise to wait and observe price action.
But I've placed my orders, since I made a couple hundred of them already in the past years.
Let's see if we can participate here...
P!
This is about what I have posted the last two weeks.
1. Kill the middle of the Sine-Wave
2. go up to the 1-Line (white, slanted)
3. and come down again.
Take it as a potential, it's nothing more!
P!
As I analyse the markets, I see a 1-Line-Trade Setup in the short term 15' on ES.
I See two potential shorts:
1. back to my 1-Line-Trade (orange) Line and down or
2. filling the GAP and then down again
Observing price action.
