ULVR short
Updated
A down trending value area
Sellers resistance at top value area edge
Daily stochastic at high extreme
5/20ma cross trigger
stop loss previous high
target value area control line or possible lower edge value area
exit at re cross of 5/20ma
Sellers resistance at top value area edge
Daily stochastic at high extreme
5/20ma cross trigger
stop loss previous high
target value area control line or possible lower edge value area
exit at re cross of 5/20ma
Note
stopped out, this was forming a small value area on the 15min chart.i did not see it.
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