Market Open Game Plan: Short Continuation
Giving another point of view from an hourly chart, we can see the stochastics in a divergence, meaning down trend is still in play.
The only thing I can't control is the gap ups and down that comes with the market open. Once we get back into a trend, then we'll really know how to trade for this week, but allow the market to play out.
Sit back and relax, day 1 are always the most boring set ups.
Happy Hunting.
The only thing I can't control is the gap ups and down that comes with the market open. Once we get back into a trend, then we'll really know how to trade for this week, but allow the market to play out.
Sit back and relax, day 1 are always the most boring set ups.
Happy Hunting.
Note
After watching the market, this graph is now in a major consolidation area, I'd look out for a reversal to the upside from here, do not trade in this area if you are inexperienced on scalping. Trade with caution.
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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.