Here's my DE analysis - DE is in a huge HTF tapering algorithm building loads of liquidity for an eventual breakout.
We want to enter at the right time and limit our risk to the downside - so that is why we are watching for confirmation of HTF sell-side tapering and looking to break out of/disrespect our stronger LTF selling channels.
Happy Trading :)
We want to enter at the right time and limit our risk to the downside - so that is why we are watching for confirmation of HTF sell-side tapering and looking to break out of/disrespect our stronger LTF selling channels.
Happy Trading :)
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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.