DislikedHi everyone, This is from post 236, may I ask is the red arrow an entry or not? Do we think the trend line broken or not before the red arrow? Thanks a lot. {image}Ignored
Good to meet you
You are absolutely correct in what you are alluding to, in that the momentum line was not broken before price returned to the SZ.
However, that is not what was being suggested in the post. When you read it, what was being inferred was that despite that SZ not quite meeting the rules, the shorts in the market had started using it as an area from which to take short positions.
Now that this had become clear, the plan was to then start looking for shorts, as the comment on the charts state.
hope that clears it up for you
Best wishes
Be careful what you think because your thoughts run your life..Solomon