Butterflies and Pitchforks
CADJPY providing us with a super clean (max) butterfly and a beautiful C-D pitchfork to accompany.
Median line was tapped almost immediately! Remember, 80% chance of this happening!
So, I'm hesitant to go short - right away.
However, the pitchfork should give at least one of two super easy plays!!
Watch for price action to bounce around inside the channel!
Median line was tapped almost immediately! Remember, 80% chance of this happening!
So, I'm hesitant to go short - right away.
However, the pitchfork should give at least one of two super easy plays!!
Watch for price action to bounce around inside the channel!
Trading ditutup: stop tercapai
Boo!!! Turned on me almost immediately. Will be doing analysis on this and will report back with anything interesting I find out.Catatan
Note that -after- leaving the top of the pitchfork, the trend idea really went to shit. Be very weary staying in a position if it's leaving the opposite side of your pitchfork.
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.