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E-mini Russell 2000 Index Futures (Dec 2020)
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RTY Short at Supply

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RTY experienced an explosive move down from a pivot level which historically has been a favorite pivot point, once being Supply, then becoming demand, etc... Looks like we are currently in Supply mode.

Take the Short at supply if price has the strength to retrace

Expect 3:1 profit and if possible trail it from supply level to supply level as long as we can

Higher timeframe is in a downtrend and RSI weakening at each pivot high encouraging continued weakness and permission to take the short.
Pesanan dibatalkan
Nota
Price did not retrace to original level as described... Discovered there was a Hidden Level of Supply created earlier
syot kilat
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Multiple Time Frame AnalysisrtySupply and DemandTrend Lines

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Multiple Time Frame AnalysisrtySupply and DemandTrend Lines
ocaptain
Did this idea or article benefit you?
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Feeling generous? Buy me a Coffee:
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Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.