USO filled it's previous day gap and set up two narrow range consolidation shorts. The first one being a more aggressive short early in the morning off of a break of the previous day's low(PDL). This set-up was more risk than reward; after the break price became choppy once it failed supprt from the PDL and S2 pivot (also coincides with Fibonacci S/R levels, not shown).
The second NR break set up back around the S2 support base.
QLD set up a tweezer reversal/bottom on it's 15-minute chart. This coincided with trend line and Moving Average support, target being the previous swing high.
FWLT failed the $51 price point and gapped down today. Price consolidated into a
symmetrical triangle before triggering a short.
QLD set up a tweezer reversal/bottom on it's 15-minute chart. This coincided with trend line and Moving Average support, target being the previous swing high.
FWLT failed the $51 price point and gapped down today. Price consolidated into a symmetrical triangle before triggering a short.
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