W - Bearish, price is in a large retracement
D - Bearish, clear bearish trend
Swing entries -
price is over extended right now, when we see a retracement back to the last low (yellow) I will enter a bearish position
Scalping entries -
price is very over extended, I will be looking to ride the retracement when a bullish trend has formed on the lower timeframe
D - Bearish, clear bearish trend
Swing entries -
price is over extended right now, when we see a retracement back to the last low (yellow) I will enter a bearish position
Scalping entries -
price is very over extended, I will be looking to ride the retracement when a bullish trend has formed on the lower timeframe
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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.