WALT DISNEY always has gaps
There is always a reason why there are always gaps.
Following 5-0 pattern for opening short position, will have to wait for the D leg to complete to avoid losses.
As price approaching 200 MA, 200 MA will serve as strong resistance, even if it breaks 50 MA
There is no specific point to take profit on 5-0 pattern.
Following 5-0 pattern for opening short position, will have to wait for the D leg to complete to avoid losses.
As price approaching 200 MA, 200 MA will serve as strong resistance, even if it breaks 50 MA
There is no specific point to take profit on 5-0 pattern.
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