Day 53. #nasdaq100 is still going back n' forth between the uptrend and downtrend. currently, there's an imbalance (LHs and HLs) with a bearish divergence. LHs are being formed but there’s still a HL. if broken, then more bears. my bias is currently short for now unless there’s a break past that LH..
A Daily Reminder:
avoid imbalances—HH and LLs or LH and HLs.
P.S: Strategy— structures, divergence & trends
Triggers— LHs & HLs
My disclaimer:
All biases are subject to change because according to the market, that's the only constant..
Past profits do not predict future earnings. Risk only 1% on your account. Low risk only!