Normal vs Abnormal market movement
Can you recognize a normal market or an abnormal market?
We snipers can!
When price start to move in an abnormal way, once it reached a support or resistance zone, it provide a very high probability trade opportunity.
In SiMSCI, there're 3 such opportunities! Price has climb up to Sky in an abnormal way. After the initial 4 tics loss, another shooting star appeared. Since it has reached my important Fibonacci level, zoom in on short focus!
It's a risk of 4 tics versus 25 tics profit.
The signal came in yesterday T+1 session, this morning traded down to profit target.
At the same time, this is also the support zone (Land). A buy spring buy signal appear after an abnormal move again.
When the price reach intraday PAPLine-R1, autumn short signal appeared again after again another abnormal move.
What a wonderful time again for SiMSCI.
Have a nice trading day...
See you again next time.