With markets trending sideways on the weekly time frame, both shorts and longs can be taken on the daily time frame. With previous stops identified on the charts with an embedded daily supply, a potential short has been taken looking for partial profits at the daily momentum trend line.
Trade closed: target reached
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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.
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.