Volatility - SVXY Short, Long Put (S3)
Trade for SVXY:
- Price has been rejected from the rising upper channel's median line. Shorting the re-test and 2nd rejection.
- Price is at the short entry-zone (sliding parallel) of the downward channel, and must return to the median line.
- Corrective structure (Measured Move Down) suggests price will reach bottom of downward channel.
GLHF
- DPT
- Price has been rejected from the rising upper channel's median line. Shorting the re-test and 2nd rejection.
- Price is at the short entry-zone (sliding parallel) of the downward channel, and must return to the median line.
- Corrective structure (Measured Move Down) suggests price will reach bottom of downward channel.
GLHF
- DPT
