YM Short Draw – Highs to Lows off Short

HWB sits at 22013.

YM Entry Short at 22013 (HWB-50%)
YM Entry Short at 22013 (HWB-50%)

 

 

 

 

 

If the break of consolidation holds for shorts, the YM can retrace back to 22013 and remain a short… it might tick up and over to fool us, but it’s an entry into the short trend… IF it retraces, it might. It simply represents the highest probability entry.

I set stops 25 ticks over @ max.

It can be Front Run as well (fall short of 22013) in which case enters begin @ 22002 for those who can hold their nose and wait for reversal confirmation.

YM has been the leader – you may draw your own for the ES.