ALGO Short Setup After a Little Correction
ALGOUSDT We do not like to open position through the C point to D point but there is a solid increase possibility.
If you like risk you can open position by targeting the D point or near D point is more meaningful.
We use moving averages by targeting these kind of positions.
Anyway, the main position is short setup which completes at D point is also a shifter rally point.
Two side of position needs to trigger with a price action as you know.
May the force be with you.
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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.