Looking for a short near the yellow circle.
Can be a good reversal area to work with for the intraday folks.
I trade the daily.
Can be a good reversal area to work with for the intraday folks.
I trade the daily.
Note
I think the black line will get tagged again. Missed the first reaction to the short side by 5 pips. Priced reversed straight on the orange line instead of the black line. I usually put my entries a few pipes under the lines for my shorts.That being said, this would have been a nice intra-day trade. 32 pips reaction.
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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.