Per my previous post, the A/U has broken out to the short side. It has gone down quite a way, and I think it is time for a small breather. I think A/U will reverse and go up to test the broken trendline and come right back down.
Not going to trade the retracement, as I am already short and I can not hedge. Just plotting market moves, as planning ahead is vital.
Not going to trade the retracement, as I am already short and I can not hedge. Just plotting market moves, as planning ahead is vital.
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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.