VET - To $0.7 and back to $0.10? Short-term trading plan.
Hi, my dear iJustCoiners!
I hope you listened to me in my previous publication and CLOSED your long positions.
Right now we are establishing a new trade range.
Will it be $0.7- $0.8 or $0.8-$0.9?
Right now it still looks possible to dip down to $0.7 again. So prepare upor sclaping shorts and your short terms longs to trade both sides.
Publication marked as SHORT since the downward pressure is still dominating.
I'll be happy you to see likes and comments on that publciaiton!
Any support is highly appriciated!
Thank you!
I hope you listened to me in my previous publication and CLOSED your long positions.
Right now we are establishing a new trade range.
Will it be $0.7- $0.8 or $0.8-$0.9?
Right now it still looks possible to dip down to $0.7 again. So prepare upor sclaping shorts and your short terms longs to trade both sides.
Publication marked as SHORT since the downward pressure is still dominating.
I'll be happy you to see likes and comments on that publciaiton!
Any support is highly appriciated!
Thank you!
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We are getting CLOSE to BBands Basis on the 90M. It's time to watch it closely if you want make a scalping SHORT trade.
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A move down has happened as predicted. Now i am waiting for the price action to reverse. And it looks like it's playing out as expected as well.
We have to watch upward pressure races. Current race is between 48M WE and 90M Red RSI. They are pointed on a chart with Blue Dashed lines.
We have to watch upward pressure races. Current race is between 48M WE and 90M Red RSI. They are pointed on a chart with Blue Dashed lines.
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90M WON THE RACE
However the Energy at the 90M and 3H is peaking. It will come down soon and when i'll be peaking again - that's that's where i'll place my buy order and execute a long trade.
At that time 3H Red RSI and Blue LSMA should be way above level 30. And combined with 90M WE going up it will give us a chance for the upward pressure to continue at higher TFs.
However the Energy at the 90M and 3H is peaking. It will come down soon and when i'll be peaking again - that's that's where i'll place my buy order and execute a long trade.
At that time 3H Red RSI and Blue LSMA should be way above level 30. And combined with 90M WE going up it will give us a chance for the upward pressure to continue at higher TFs.
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Take a look at a potential 90M WE curve and the moment i placed my Green Dotted Execution line. That's how i plan to enter a trade.
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