Hi Folks,
Although Sequential exhaustion points help to identify good entry points, Keep in mind we can still go lower.
A possible scenario is a touch of the upper line of this bearish channel followed by a fast crash.
There is no sequential countdown in place at the moment, But Aggressive and Combo Countdowns are both triggered and both equal to 9/13.
Aggressive and Combo thirteen appear after sharp moves.
So be prepared for a possible flushing wick. There is still room to go lower in the channel!
MATHR3E
Sequential indicators:
Although Sequential exhaustion points help to identify good entry points, Keep in mind we can still go lower.
A possible scenario is a touch of the upper line of this bearish channel followed by a fast crash.
There is no sequential countdown in place at the moment, But Aggressive and Combo Countdowns are both triggered and both equal to 9/13.
Aggressive and Combo thirteen appear after sharp moves.
So be prepared for a possible flushing wick. There is still room to go lower in the channel!
MATHR3E
Sequential indicators:
