Google Alphabet: Why I think it's time to short

217
🔱 Simple decision because of the Fork framework 🔱

Left Chart:
Zero-to-five count with a potential P5 and a turn.
Why P5?...

Right Chart:
...because price broke out of the U-MLH, then fell back into the fork. As a filter I like it when price is opening and closing inside the fork again. All in all it's a new and weak behaviour.

Or in short: That’s a pretty darn strong short signal to me.

Following the rules, taking acceptable risks, and hunting a fat profit.

👉 PTG1: The white centerline
👉 PTG2: The orange centerline

🛷 Happy Sleigh Ride 🎄

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.