By currently following the market structure, I'm shorting the DOW.
* Break of the previou low
* Resistance created at the 78.6 - 61.8 fib level, plus the rejection wicks spotted at the same level;
*
* Break of the previou low
* Resistance created at the 78.6 - 61.8 fib level, plus the rejection wicks spotted at the same level;
*
Trade closed: stop reached
Unfortunatelly everything in the analysis was right with a considerable SL size , but still we got liquidated.On to the next trade.
Cheers.
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.
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.