After the HAGOPIAN, I expect price to go for the GAP fill, which is at the L-MLH.
Maybe a partial fill is the right way to take profits. Because if price open & close outside the L-MLH, we can expect further downside.
Maybe a partial fill is the right way to take profits. Because if price open & close outside the L-MLH, we can expect further downside.
Note
A weekly close above 200 is my exit trigger.Trade closed: stop reached
With the weekly close above 200, the Trade is closed for a minor loss.I wait for a new opportunity to short off a pullback at the Centerline.
Hint: Watch where price found support and put it in your notebook.
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