High probability Trading With Forks And Options
Look how nice price found support at the U-MLH.
With a stop below the last low, I take this Puppy long.
My target is the WL/CL confluence.
Update 18. Mai 2018 - Trade Closed
If you where reading my follow-up at TradingView.com, then you saw that we changed the standard Fork to the Modified-Shiff Fork, because of the steepness and the close outside the Fork.
Here you see how the market went up to the WL1 / CL respectively.
Done & Next...at least for me ;-)
If you want to go further, then trail it up to the U-MLH, but make sure to get out there. It's the zone where the Market is way over stretched.