Short

FB Volume Spread Analysis

Updated

Buying climax bar with weakness in the rally. Shall monitor the roll over momentum and follow through of this price movement. Potential short setup on the way

Note

We might be looking at a temporary sell off, and a retest of the top. I'll be position to short the top if theres a sign of weakness upon 2nd retest

Note

I tend to always jump the gun, on shorting during a buying climax, not taking into account of upward mometum. Thus take note. In this case FB breaking new high. waiting for high pivot point to form

Note

FB, did come down, looking at it retesting the high and MM taking the price up for potential stop hunting.

ZanderGoh

Also on:

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.