It's simple a s that:
If price can't make it back into the Fork, then it's doomed to reach at least the Warning-Line.
This scenario likely happens if the current weeks bar close below the Warning line, and the open of the new Bar is also outside of the Fork.
Happy Short §8-)
If price can't make it back into the Fork, then it's doomed to reach at least the Warning-Line.
This scenario likely happens if the current weeks bar close below the Warning line, and the open of the new Bar is also outside of the Fork.
Happy Short §8-)
Note
BOOOM!!!There's further potential guys & gals. The target at the WL is not reached yet.
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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.