ugly waves but can see the pattern throgh it. good chance of going down to 11600 by tomorrow.
but RISKY. why?
1- this week is option expieries of the month so huge volatility expected.
2- in the big picture we needed a bit upward rest and the huge momentom that happend proved it. still in that momentum and big wales started to ad based on their Q3 reports.
then why short?
well I see the chart and big stocks need to cool down a bit to get the momentum needs for possible one more up. and technically I see the order blocks and fib levels, so I see the opportunity.
then how to short but low risk? simple! position sizing and TP, SL based on your strategy.
Good luck
but RISKY. why?
1- this week is option expieries of the month so huge volatility expected.
2- in the big picture we needed a bit upward rest and the huge momentom that happend proved it. still in that momentum and big wales started to ad based on their Q3 reports.
then why short?
well I see the chart and big stocks need to cool down a bit to get the momentum needs for possible one more up. and technically I see the order blocks and fib levels, so I see the opportunity.
then how to short but low risk? simple! position sizing and TP, SL based on your strategy.
Good luck
Dagangan ditutup: sasaran tercapai
target achived nicely and passed it then backed up and then down and nicely bounced on it! :)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.