If we Stay below the Red TrapZone, we are going down. Shorts are in play now and Do not take longs till you see a Green TrapZone.
Lets see, will update the idea frequently!
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It looks like the Red TrapZone is holding the price from going up. Lets see a break of the recent low asap and then we can take a stab at breaking the support. We still need to see Red Bars to form, we are still making Gray TrapBars
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Still below The Red TrapZone, Keep an eye
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Above the Red TrapZone is No Trading Possible. Sideways and Whipsaw action is Possible.
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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.