I love it how the Forks catch the most important angle for the underlyings.
Within the fork we can clearly see, that the L-MLH and the Centerline catch the High & Low of the rolling Chop, which is tilted to the upside.
Until the L-MLH is broken, there is no Short in sight, and we just can buy the Low and sell the High, with stops below structure or below the L-MLH.
Sometimes trading is simple - but it's seldom easy §8-)
Within the fork we can clearly see, that the L-MLH and the Centerline catch the High & Low of the rolling Chop, which is tilted to the upside.
Until the L-MLH is broken, there is no Short in sight, and we just can buy the Low and sell the High, with stops below structure or below the L-MLH.
Sometimes trading is simple - but it's seldom easy §8-)
Get Your New Chart Analysis Video On YouTube!
youtube.com/@TradersTradingEdge
- Lean on facts, not on hope.
- Trade with an 80% edge.
- Follow the rules and the rest will come.
youtube.com/@TradersTradingEdge
- Lean on facts, not on hope.
- Trade with an 80% edge.
- Follow the rules and the rest will come.
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.
Get Your New Chart Analysis Video On YouTube!
youtube.com/@TradersTradingEdge
- Lean on facts, not on hope.
- Trade with an 80% edge.
- Follow the rules and the rest will come.
youtube.com/@TradersTradingEdge
- Lean on facts, not on hope.
- Trade with an 80% edge.
- Follow the rules and the rest will come.
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.