This Trade setup is called a 333 trade because it has 3 legs down and the 3rd leg has 3 bars down on these 3 month charts. I'm expecting a large final bar down over the next few days/weeks. It may end on 3 days of drop like it did on Black Monday, where the 3rd day had a 20% drop or it may last for a week or two.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.