Short expectations
- aggressive FED
- recent HTF bear flag reaction
- HTF POC lost
Expecting a nice move down. HTF trend line (trending support) has been lost so optimal entry will be on the retest of that trend as resistance for confirmation of strength in the move. Lagging entry (backup) also labeled in case of sell pressure keeping us from that resistance confirmation above.
- recent HTF bear flag reaction
- HTF POC lost
Expecting a nice move down. HTF trend line (trending support) has been lost so optimal entry will be on the retest of that trend as resistance for confirmation of strength in the move. Lagging entry (backup) also labeled in case of sell pressure keeping us from that resistance confirmation above.
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