Please refer chart for details.
*** As the pitchfork direction is downward we will look only for short setups with minimal risk.
*** As the pitchfork direction is downward we will look only for short setups with minimal risk.
Note
waiting for price to bounce Note
Bounce can expect now Note
if US Oil bounce from here, lets look at top to shortNote
Note
if price breaks the median line, we will look for short while re-testing the median lineNote
Trade active
Pin bar -- Short if price breaks the red horizontal lineNote
No trade as we didn't get good price action (might be Friday effect :) - will wait for another opportunity Note
Good thing is that pitchfork nicely spotted the bounce from median lineNote
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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.