we are nearing an end to this correction with some upside possibilities as the short positions begin to take profit down here and hunt for long positions.
the risk reward is there in this ABC correction. this is a perfect setup for some longterm call options when we begin to trade above the 1hr 200 moving average. look for a 4hr golden cross to go long if you like less risk.
dont be surprised to see this go sideways into january though
good luck and happy trading
the risk reward is there in this ABC correction. this is a perfect setup for some longterm call options when we begin to trade above the 1hr 200 moving average. look for a 4hr golden cross to go long if you like less risk.
dont be surprised to see this go sideways into january though
good luck and happy trading