IWM - P5 arrived? If so, we bounce!
The #IWM has traded in a wonderful way.
Watch how the #Medianlines , the whole #Pitchfork provided support, resistance and - if you know the rules, how they could be applied to make some $s.
However, we arrived on the P5, which is potentially morphing to P0 for the next move to the upside. Alltough I personally don't believe it because of this market environment, chances are high.
...can you hear the emotions nagging on me to un-follow the rules? §8-)
If we open next week below the L-MLH, we would trade further down to the WL (Warning Line).
As far as my trades are designed, I risk tiny and try to let them run by following the rules and Money-Managent.
#iwm #medianline
Watch how the #Medianlines , the whole #Pitchfork provided support, resistance and - if you know the rules, how they could be applied to make some $s.
However, we arrived on the P5, which is potentially morphing to P0 for the next move to the upside. Alltough I personally don't believe it because of this market environment, chances are high.
...can you hear the emotions nagging on me to un-follow the rules? §8-)
If we open next week below the L-MLH, we would trade further down to the WL (Warning Line).
As far as my trades are designed, I risk tiny and try to let them run by following the rules and Money-Managent.
#iwm #medianline
Se how it is still within the Pitchofork?
A bounce is absolutely possible.