Market Analysis and Trading Strategies
In this price leg here, that sets the stage.
Okay, now we are in a premium market, meaning this
range is premium. From this point here to here, this
is discount.
This discount above it or at that level, they're your ideal
shorts. As soon as you cross the midpoint of the
discount
level here, once we get through that there, the highest form of profitable
shorts, the highest probability short entries,
they have now been exhausted.
The only thing you wanna be focusing on now is taking partials and trailing your
stop. Yes, that's a diamond. When do I stop taking partials or
pyramiding something like this? See, once we leave the midpoint of
that discount
range of this price run here to here, and we're in the lower portion of it,
we're
entering that expansion phase. That expansion phase is likely to
not offer very many, if at all, new high-probability
pyramid entries to, to add to a position
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