Here we see the failure to break the resistance zone.
In addition, no real pivot is broken to the upside yet.
SNAP produced a nice Sine-Wave (pink).
If you look close, you can see another, little SW within the bigger one.
The center low point of SW's often get washed bevor price starts to move to the other side again.
In combination with the Fork, this leads me to the conclusion, that we have a high potential to see price down at the centerline.
Unfortunately there is no real short signal for now.
If any, the resistance could be the green light to short.
But it's not really enough to me.
So I put SNAP on my watchlist.
P!
In addition, no real pivot is broken to the upside yet.
SNAP produced a nice Sine-Wave (pink).
If you look close, you can see another, little SW within the bigger one.
The center low point of SW's often get washed bevor price starts to move to the other side again.
In combination with the Fork, this leads me to the conclusion, that we have a high potential to see price down at the centerline.
Unfortunately there is no real short signal for now.
If any, the resistance could be the green light to short.
But it's not really enough to me.
So I put SNAP on my watchlist.
P!
Trade closed: target reached:
Options trade reached my TGT.
TNX SNAP!
P!
TNX SNAP!
P!
Comment:
Where's price now ( 2018/11/08)?
Price is always heading toward the Centerline over 80% of time.
Who want's to learn more about ForkTrading? ;-)
P!
Price is always heading toward the Centerline over 80% of time.
Who want's to learn more about ForkTrading? ;-)
P!
P!