Big picture: downtrend - sell short
Small picture:
P.S.
Small picture:
P.S.
- Anything can happen!
Be ready for a short as well as a long possibility - stay neutral.
Define your risk (stop loss)
I typically trade only when price action is confirming reversal in these defined zones
Order cancelled
Looks like after hours shooting into the zone - high risk. Will not trade. Instead will move short entry near 334.
Note
I wish I would have stayed with the strategy. Anyway... it was a good call :)
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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.