In this extension of the original UJ Sell idea with Targets below, we back out to a weekly and look at a possible Running Flat (for Wave Traders) - we go over symmetry in the markets and aggressive corrections on weekly.
Doc will show analysis for confluence and how we have targets still lower. Maybe don't 'buy the bottom yet'!!
Finally a good example of lower timeframe trendline failure and how to avoid 'getting COOKED'
Your trend is heading into a higher TF "BLOCKER" - its like a small car driving up to and then sitting on a train track.. you will get CRUSHED.
Like and Boost this idea if you get anything from it and want me to do more of these!
Happy Trading
-- Doc
Doc will show analysis for confluence and how we have targets still lower. Maybe don't 'buy the bottom yet'!!
Finally a good example of lower timeframe trendline failure and how to avoid 'getting COOKED'
Your trend is heading into a higher TF "BLOCKER" - its like a small car driving up to and then sitting on a train track.. you will get CRUSHED.
Like and Boost this idea if you get anything from it and want me to do more of these!
Happy Trading
-- Doc
Nota
note 3 targets above as short term objectives as mentioned are likely EVEN if we are still heading lower, remember never go in a straight line ;)Nota
short term - targets noted here may discuss bigger picture in higher TF w new vid idea tomorrow am.. trade w care -- Doc
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Penerbitan berkaitan
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.