Short idea
A nice leading diagonal is being corrected.
Obvious channel/ whipsaw on h1 - highly likely will be broken down.
If it happens, the whipsaw is likely to be the wave X of a larger correction, that may take the form of a WXY as shown on the chart.
Target is also highlighted on the chart, where the buy stops were activated and that level represent a juicy stop-loss hunting %)))
Seriously, that is the logical end of the journey for the 1-2 setup.
Trade safe
Obvious channel/ whipsaw on h1 - highly likely will be broken down.
If it happens, the whipsaw is likely to be the wave X of a larger correction, that may take the form of a WXY as shown on the chart.
Target is also highlighted on the chart, where the buy stops were activated and that level represent a juicy stop-loss hunting %)))
Seriously, that is the logical end of the journey for the 1-2 setup.
Trade safe
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.