Hello all,
This idea is based on a potential price failure trade on the GU and a possible reaction line reversal. If we get an entry on a pullback and it reverses & takes out the most recent swing bottoms on the 15 minute. The bigger picture shown the market may drop into the bigger daily median line for a nice extended short. I have a decent stop should it make another attempt at the upper median line and upper median line parallel. let's see how this unfolds
This idea is based on a potential price failure trade on the GU and a possible reaction line reversal. If we get an entry on a pullback and it reverses & takes out the most recent swing bottoms on the 15 minute. The bigger picture shown the market may drop into the bigger daily median line for a nice extended short. I have a decent stop should it make another attempt at the upper median line and upper median line parallel. let's see how this unfolds